Dream Office Real Estate Investment Trust

TSX:D.UN Stock Report

Market Cap: CA$343.1m

Dream Office Real Estate Investment Trust Management

Management criteria checks 4/4

Dream Office Real Estate Investment Trust's CEO is Michael Cooper, appointed in Jan 2018, has a tenure of 6.92 years. total yearly compensation is CA$1.32M, comprised of 39.5% salary and 60.5% bonuses, including company stock and options. directly owns 1.42% of the company’s shares, worth CA$4.88M. The average tenure of the management team and the board of directors is 6.6 years and 8.8 years respectively.

Key information

Michael Cooper

Chief executive officer

CA$1.3m

Total compensation

CEO salary percentage39.5%
CEO tenure6.9yrs
CEO ownership1.4%
Management average tenure6.6yrs
Board average tenure8.8yrs

Recent management updates

Recent updates

Should You Be Adding Dream Office Real Estate Investment Trust (TSE:D.UN) To Your Watchlist Today?

May 07
Should You Be Adding Dream Office Real Estate Investment Trust (TSE:D.UN) To Your Watchlist Today?

Here's Why Dream Office Real Estate Investment Trust's (TSE:D.UN) CEO Is Unlikely to Expect A Pay Rise This Year

Jun 01
Here's Why Dream Office Real Estate Investment Trust's (TSE:D.UN) CEO Is Unlikely to Expect A Pay Rise This Year

If You Like EPS Growth Then Check Out Dream Office Real Estate Investment Trust (TSE:D.UN) Before It's Too Late

May 04
If You Like EPS Growth Then Check Out Dream Office Real Estate Investment Trust (TSE:D.UN) Before It's Too Late

What Kind Of Shareholders Hold The Majority In Dream Office Real Estate Investment Trust's (TSE:D.UN) Shares?

Mar 11
What Kind Of Shareholders Hold The Majority In Dream Office Real Estate Investment Trust's (TSE:D.UN) Shares?

CEO Compensation Analysis

How has Michael Cooper's remuneration changed compared to Dream Office Real Estate Investment Trust's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-CA$128m

Jun 30 2024n/an/a

-CA$39m

Mar 31 2024n/an/a

-CA$67m

Dec 31 2023CA$1mCA$520k

-CA$77m

Sep 30 2023n/an/a

-CA$117m

Jun 30 2023n/an/a

-CA$103m

Mar 31 2023n/an/a

CA$13m

Dec 31 2022CA$1mCA$500k

CA$64m

Sep 30 2022n/an/a

CA$173m

Jun 30 2022n/an/a

CA$237m

Mar 31 2022n/an/a

CA$196m

Dec 31 2021CA$2mCA$500k

CA$155m

Sep 30 2021n/an/a

CA$144m

Jun 30 2021n/an/a

CA$92m

Mar 31 2021n/an/a

CA$124m

Dec 31 2020CA$1mCA$500k

CA$177m

Sep 30 2020n/an/a

CA$225m

Jun 30 2020n/an/a

CA$185m

Mar 31 2020n/an/a

CA$180m

Dec 31 2019CA$2mCA$500k

CA$126m

Sep 30 2019n/an/a

CA$123m

Jun 30 2019n/an/a

CA$163m

Mar 31 2019n/an/a

CA$135m

Dec 31 2018CA$1mCA$417k

CA$148m

Sep 30 2018n/an/a

CA$189m

Jun 30 2018n/an/a

CA$148m

Mar 31 2018n/an/a

CA$159m

Dec 31 2017CA$365kn/a

CA$135m

Compensation vs Market: Michael's total compensation ($USD915.61K) is about average for companies of similar size in the Canadian market ($USD736.48K).

Compensation vs Earnings: Michael's compensation has been consistent with company performance over the past year.


CEO

Michael Cooper (63 yo)

6.9yrs

Tenure

CA$1,315,780

Compensation

Mr. Michael J. Cooper serves as Independent Director at Rogers Communications Inc. since October 22, 2021. He serves as Portfolio Manager of Dream Impact Trust. Mr. Cooper has been Chief Executive Officer...


Leadership Team

NamePositionTenureCompensationOwnership
Michael Cooper
Chairman & CEO6.9yrsCA$1.32m1.42%
CA$ 4.9m
Jay Jiang
Chief Financial Officer6.3yrsCA$924.78k0.0061%
CA$ 20.9k
Gordon Wadley
Chief Operating Officer4.8yrsCA$934.78k0.00086%
CA$ 3.0k
Ayesha Shafiq
Senior Vice President of Real Estate Investments6.9yrsno datano data

6.6yrs

Average Tenure

Experienced Management: D.UN's management team is seasoned and experienced (6.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Michael Cooper
Chairman & CEO21.5yrsCA$1.32m1.42%
CA$ 4.9m
Donald Charter
Independent Lead Trustee21.5yrsCA$165.12k0.056%
CA$ 191.6k
P. Gavan
Non-Independent Trustee6.6yrsCA$89.12k0.14%
CA$ 463.5k
Qi Tang
Independent Director3.5yrsCA$115.12k0.0071%
CA$ 24.4k
Karine MacIndoe
Independent Trustee9.6yrsCA$121.12kno data
Amar Bhalla
Independent Trustee2.5yrsCA$95.12kno data
Khristinn Leitch
Independent Trustee8.8yrsCA$116.12k0.070%
CA$ 239.8k

8.8yrs

Average Tenure

53yo

Average Age

Experienced Board: D.UN's board of directors are considered experienced (8.8 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 01:56
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Dream Office Real Estate Investment Trust is covered by 18 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Karine MacIndoeBMO Capital Markets Equity Research
Mark RothschildCanaccord Genuity
Sumayya Syed HussainCIBC Capital Markets