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An update from DREAM Unlimited Cl A ( (TSE:DRM) ) is now available.
DREAM Unlimited Corp. announced significant developments in its multi-family portfolio, including the completion of over 1,650 rental units in key areas like downtown Toronto, and the ongoing construction of nearly 2,000 more units. The company benefits from Toronto’s waiver of development charges on selected projects, enhancing the viability and acceleration of these developments. Furthermore, Dream has launched a new joint venture to invest up to $2 billion in Canadian multi-family properties, marking a significant expansion of its asset management platform and reinforcing its position in the rental market.
More about DREAM Unlimited Cl A
DREAM Unlimited Corp. is a real estate company involved in the development of multi-family rental units. It focuses on creating purpose-built rental properties in major Canadian markets, such as Toronto, Ottawa, and Saskatoon, and is expanding its operations through joint ventures.
YTD Price Performance: -5.15%
Average Trading Volume: 45,918
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$855M
See more data about DRM stock on TipRanks’ Stock Analysis page.
