Dream Office REIT (DRETF) Price Target Reduced by CIBC Analyst | DRETF Stock News

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Jun 11, 2025

A CIBC analyst, Tal Woolley, has revised the price target for Dream Office REIT (DRETF, Financial), adjusting it from C$18 to C$17.50 while maintaining a Neutral rating for the company. The adjustment follows Woolley's recent assumption of coverage of the office-focused real estate investment trust. According to the analyst's communication with investors, the firm's current stance may shift if the volatile macroeconomic situation stabilizes and if Dream Office REIT consistently achieves occupancy improvements with net effective rents surpassing expectations. Additionally, the analyst noted the REIT's limited public float and concentrated ownership, which might result in significant strategic decisions moving forward.

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