Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See
full details
.
I Agree
×
Join today and have your say! It’s FREE!
Join Now
Sign In
Become a member today, It's free!
We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.
Join Today
or
Sign in with existing account
Privacy Policy
|
Disclaimer
Sign In
Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Remember me
Forgot Password?
Sign In
or
Sign Up
Privacy Policy
|
Disclaimer
Please Try Again
{{ error }}
Send my password
Submit
Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.
Become a member today, It's free!
We will not release or resell your information to third parties without your permission.
Linking with Facebook:
Stockhouse membership requires an email address which must be shared by Facebook.
By default, joining or signing in using your Facebook account will work and the email address will be shared by Facebook automatically.
If you change your Facebook permissions to restrict Stockhouse from receiving your email while joining or signing in to Stockhouse then it will fail.
Please do not modify the permission settings during sign-in.
Sign in with Facebook
Return to Signup Options
Home
Community
Bullboards
Blogs
Groups
Messages
Markets
Stocks
TSX
TSXV
CSE
NASDAQ
NYSE
NYSE American
Cryptocurrency
Currencies
Commodities
Market Movers
Bonds
News
Featured News
Trending News
Canadian Press Releases
US Press Releases
Video
Editorial
Thematic Insights
Independent Reports
Interviews
Buzz on the Bullboards
Portfolio
Watchlist
Portfolio
Showcase Companies
DealRoom
News Focus
Silvercorp to Acquire Adventus Creating a Diversified Mining Company (click to learn more)
Quote
|
Bullboard
|
News
|
Opinion
|
Profile
|
Peers
|
Filings
|
Financials
|
Options
|
Price History
|
Ratios
|
Ownership
|
Insiders
|
Valuation
Bullboard - Stock Discussion Forum
True North Commercial REIT
T.TNT.UN
Alternate Symbol(s):
TUERF
True North Commercial Real Estate Investment Trust (the REIT) is a Canada-based unincorporated, open-ended real estate investment trust. The REIT’s primary objective is to maximize total returns to its unitholders. Its returns include a stable, reliable, and tax-efficient monthly cash distribution as well as long-term appreciation in the value of its units through the effective management of a...
portfolio of commercial properties. The REIT is focused on creating value for unitholders through the investment in and ownership of commercial properties in Canada. The REIT owns and operates a portfolio of approximately 44 properties consisting of approximately 4.8 million square feet in urban and select strategic secondary markets across Canada. Its properties include 9200 Glenlyon Parkway; 36 and 38 Solutions Drive; 1595 16th Avenue; 855 8th Avenue SW; 5775 Yonge Street; 6 Staples Avenue; 845 Prospect Street, and 551 King Street.
see more
Join the community and start posting on the bullboards today. It's free.
You are already a member! Please enter your password to sign in.
Remember me
Forgot password?
Back
Submit
By providing my email, I consent to receiving messages from Stockhouse.
Create a portfolio watchlist today. It's free.
You are already a member! Please enter your password to sign in.
Remember me
Forgot password?
Back
Submit
By providing my email, I consent to receiving messages from Stockhouse.
Add To Watchlist
Bullboard (TSX:TNT.UN)
New Post
View:
Posts & Comments
Threaded Posts
Prev
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
...
Next
(535)
•••
matt2018
X
View Profile
View Bullboard History
Comment by
matt2018
on Apr 19, 2024 9:28pm
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:19.1 MILLION NET PROCEEDS
Absolutely correct that the $61.4M is going towards the total debt. That is going to bring debt down to appr $763M. Thats 7.5% of the total debt going to be paid off by selling less than 4% (186k sq
...more
(711)
•••
EstevanOutsider
X
View Profile
View Bullboard History
Comment by
EstevanOutsider
on Apr 19, 2024 8:52pm
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:19.1 MILLION NET PROCEEDS
agree large (9 figure) buildings are tough to sell but TNT's are very very well situated for the most part. i actually think the 81 white hall property in markham will be an easy sell, it'll
...more
New PEA Indicates an Ultra Low-Cost Uranium Project with Huge Exploration Upside
posted Apr 26, 2024 9:00am by
Blue Sky Uranium Corp
-
|
This PEA reaffirms that the deposit is a leading low-cost uranium-vanadium project. We believe that this resurgent uranium market has a strong long-term outlook and we are therefore preparing to complete a prefeasibility study as soon as possible ...read more
(44)
•••
luscar99
X
View Profile
View Bullboard History
Comment by
luscar99
on Apr 19, 2024 7:04pm
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:19.1 MILLION NET PROCEEDS
You're probably right about the debt reduction. But probably wrong on the 2nd assumption. They sold what they could sell more easily. Mostly fully occupied small buildings. The larger
...more
(299)
•••
BlueJay2020
X
View Profile
View Bullboard History
Comment by
BlueJay2020
on Apr 19, 2024 5:38pm
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:19.1 MILLION NET PROCEEDS
The way I read the release, debt will be reduced by over $61M. $19M is the surplus after the related debt is repaid. if these sales are representative of the whole portfolio (and you could
...more
(44)
•••
luscar99
X
View Profile
View Bullboard History
Comment by
luscar99
on Apr 19, 2024 4:14pm
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:19.1 MILLION NET PROCEEDS
I agree with you that TNT.UN shares are good value under $9. But: - rate cuts in the next 6 months is unwarranted speculation. - the meager higher rental resets (if any) have been dwarfed so far by
...more
(13)
•••
cooper90
X
View Profile
View Bullboard History
Comment by
cooper90
on Apr 19, 2024 1:23pm
RE:RE:RE:RE:RE:RE:RE:RE:RE:19.1 MILLION NET PROCEEDS
But mortgage interest costs should be midigated by higher rental resets, also the AFFO hit would be short term where as the 19,000,000 million in debt reduction would more than offset on a per share
...more
(44)
•••
luscar99
X
View Profile
View Bullboard History
Comment by
luscar99
on Apr 19, 2024 11:50am
RE:RE:RE:RE:RE:RE:RE:RE:19.1 MILLION NET PROCEEDS
The AFFO/share will probably decrease due to asset sales, higher mortgage interest costs and other inflationary costs. The share count reduction will help, but I'm pretty sure it won't make up
...more
(13)
•••
cooper90
X
View Profile
View Bullboard History
Comment by
cooper90
on Apr 19, 2024 11:04am
RE:RE:RE:RE:RE:RE:RE:19.1 MILLION NET PROCEEDS
One of the most exciting parts of this announcement other than the NET proceeds, debt reduction, above NAV building sales achievements etc etc etc......which is all good!! Is...........TNT
...more
(711)
•••
flamingogold
X
View Profile
View Bullboard History
Comment by
flamingogold
on Apr 19, 2024 9:42am
RE:RE:RE:RE:RE:RE:19.1 MILLION NET PROCEEDS
Retail investors have left the building. They have priced the whole sector at zero and will only come back once it has run up. At that point they will be overpaying because that's what most
...more
(299)
•••
BlueJay2020
X
View Profile
View Bullboard History
Comment by
BlueJay2020
on Apr 19, 2024 9:36am
RE:RE:RE:RE:RE:19.1 MILLION NET PROCEEDS
And rewarded by a measly 6 cents increase in the SP in the minutes after open. Freakin' unbelievable!
(711)
•••
EstevanOutsider
X
View Profile
View Bullboard History
Comment by
EstevanOutsider
on Apr 19, 2024 8:55am
RE:RE:RE:RE:19.1 MILLION NET PROCEEDS
NAV's that have already been crushed by CAP RATE EXPANSION. TNT selling multiple properties, including a few crappy looking ones, for above the price paid in 2018.
(299)
•••
BlueJay2020
X
View Profile
View Bullboard History
Comment by
BlueJay2020
on Apr 19, 2024 8:28am
RE:RE:RE:19.1 MILLION NET PROCEEDS
Very bullish confirmation of NAV values across multiple properties. Also yet another indication of a thawing market in real estate transactions. A jittery market may mean SP movement is not as
...more
(39)
•••
ckwong
X
View Profile
View Bullboard History
Comment by
ckwong
on Apr 19, 2024 6:43am
RE:RE:19.1 MILLION NET PROCEEDS
If they continue the buy back and pay down the debt, all good actions. May be there is light at the end of this long long tunnel.
(16)
•••
Jkcoco
X
View Profile
View Bullboard History
Comment by
Jkcoco
on Apr 18, 2024 11:12pm
RE:19.1 MILLION NET PROCEEDS
They are going to pay down their credit facility loan with that money.
Prev
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
...
Next
Thank You
Your Report has been submitted.
Report Abusive Content
×
Close
Sign up to get access
You are already a member! Please enter your password to sign in.
Remember me
Forgot password?
Back
Submit
By providing my email, I consent to receiving messages from Stockhouse.
The Market Update
{{currentVideo.title}}
{{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >
{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}
{{currentVideo.intervieweeTitle}}
{{currentVideo.headline}}
{{currentVideo.link1Text}}
{{currentVideo.link2Text}}
< Previous
{{moreVideoText}}
Next >
Featured News Links
Centurion Identifies High Quality Gold Target-Casa Berardi West Project; Acquires Additional Claims
Revive Therapeutics Announces Type C Meeting Request Granted by FDA for Clinical Study
Two New Contracts Awarded Covering Five Onshore Fields Producing 3,000 bbl/d of Oil
Fresh Insight into the Topaz HELIUM Project's Expected Size and Scale
Exploration company provides project portfolio update