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 > Solid results. Will add more.

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Comment by CanSiamCypon Apr 15, 2021 12:45pm

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Post# 33003589

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Solid results. Will add more.

New name? I agree that the Commercial revaluation was fantastic. I was not surprised cuz what they are calling Commercial is referred to as Industrial in the public REIT sector and that has been the hottest performing sector during the pandemic (cuz of warehouses required by online marketing systems including Amazon). Similarly, Skyline's Retail REIT is misleadingly named cuz the assets are all grocery or pharmacy or bank anchored strip malls vs. the enclosed malls that are classified as Retail in the public sector. I anticipate a healthy blip upwards in the Retail REIT value which should be released this quarter. Cheers!

Select55 wrote: I understand I feel super secure with skyline ;; railways? well thats a different story for sure as you know skyline is not a stock ;; heck the commercial reit in my portfolio went up $412K in 2020 and I expected it to stay flat because of covid ;;

CanSiamCyp wrote: Hi Truth:

Wow! 90% is a really high proportion of one's eggs to put in one basket. I understand your aversion to market volatility. However, when I entered into investing with Skyline, I set a maximum of 20% (spread across the 3 REITs and the Clean Energy Fund). I am pleased (actually more than pleased) with their results to date, but I cannot bring myself to go higher than 20% cuz of the importance of diversification. I always recall how Lord Dingle Nuts of Downton Abbey put all of his wife's considerable inheritance into an unnamed Canadian railway - which then went belly up - plunging the family into financial crisis. Not saying that Skyline will ever go that route, but my natural conservatism constrains me in this respect! Cheers! CSC

truthseeker1 wrote: yah thats why 90% of my money is in a Private reit just put in 3million more in skyline I cant handle the markets this late in life

pandsca wrote: Dragged down with the sector.