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.

TSX:TNT.UN - Post by User

True North Commercial REIT > Added 5k@6.43

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Comment by rabnudon May 17, 2022 9:52am

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Post# 34688900

RE:RE:Added 5k@6.43

I should add regarding shares traded "except for the last 3 weeks"

rabnud wrote: yes it got beat up over the poor financials and 106% PR however over all to me it looks healthy cant figure out why it go so downrated whenu look at # of shrars traded its not that high

ALTEL wrote:
The dividend on this puppy hasn’t changed for many years even through the virus

All that changes is the yield based on the share price

And today that yield is an eyewatering 9.3%

Keeping these for a long time and looking to buy more