Investor Presentation - Dream€¦ · Source: CBRE $22.00 $24.00 $26.00 $28.00 $30.00 $32.00 $34.00...
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November 2019 Investor Presentation
Transcript of Investor Presentation - Dream€¦ · Source: CBRE $22.00 $24.00 $26.00 $28.00 $30.00 $32.00 $34.00...
November 2019
Investor Presentation
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High concentration of well connected assets in
Financial District
>70% of our total portfolio is located on this map
97.4% in-place and committed occupancy
4.8 years weighted average lease term
Close proximity to public transit
Intensification and redevelopment potential at 250 Dundas St. W., 212 King St.
and 357 Bay St.
Source: CBRE
$22.00
$24.00
$26.00
$28.00
$30.00
$32.00
$34.00
$36.00
0.0%
2.5%
5.0%
7.5%
10.0%
12.5%
15.0%
Q209
Q309
Q409
Q110
Q210
Q310
Q410
Q111
Q211
Q311
Q411
Q112
Q212
Q312
Q412
Q113
Q213
Q313
Q413
Q114
Q214
Q314
Q414
Q115
Q215
Q315
Q415
Q116
Q216
Q316
Q416
Q117
Q217
Q317
Q417
Q118
Q218
Q318
Q418
Q119
Q219
Q319
Downtown Toronto Office Market
Downtown Office (Vacancy - Class A) Downtown Office (Avg. Class A Net Rent)
Downtown Toronto - Historical Vacancy and Absorption
Source: CBRE
7.3% 6.9%
5.2% 5.0%
6.1% 5.9%5.1%
4.4%3.7%
2.7%
-500,000
0
500,000
1,000,000
1,500,000
2,000,000
2,500,000
3,000,000
3,500,000
0.0%
2.0%
4.0%
6.0%
8.0%
10.0%
12.0%
14.0%
2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
Ab
sorp
tio
n (S
q. F
t.)
Vac
ancy
(%)
Vacancy Rate (LHS) Absorption (RHS)
$23.58 $24.24$23.15
$25.91 $26.06$26.97
$0.00
$5.00
$10.00
$15.00
$20.00
$25.00
$30.00
$35.00
0
200
400
600
800
1,000
1,200
1,400
2019 2020 2021 2022 2023 2024+
Re
nt ($
/ S
F)
Le
as
e E
xp
iry (000s
SF)
Expiries (000s SF) Exp. Rent ($/SF)
- -
- -
