True North Commercial REIT T.TNT.UN

September 2021 Distribution

[Betteryear2]

/NOT FOR DISTRIBUTION IN THE U.S. OR OVER U.S. NEWSWIRES/

TORONTO, Sept. 15, 2021 /CNW/ - True North Commercial Real Estate Investment Trust (TSX: TNT.UN) (the "REIT") today announced its September 2021 monthly cash distribution in the amount of $0.0495 per trust unit ("Unit"), payable on October 15, 2021 to holders of Units of record at September 30, 2021.

Eligible investors registered in the DRIP will have their monthly cash distributions used to purchase additional Units, at a 1% discount to the weighted average closing price of the Units, for the five trading days immediately preceding the date of distribution declared by the REIT. No assurances can be made that new Units will be made available under the DRIP on a regular basis, or at all. The DRIP provides an efficient and cost-effective way for the REIT to issue additional equity to existing unitholders.

About the REIT

The REIT is an unincorporated, open-ended real estate investment trust established under the laws of the Province of Ontario. The REIT currently owns and operates a portfolio of 45 properties consisting of approximately 4.7 million square feet in urban and select strategic secondary markets across Canada. The REIT is focused on growing its portfolio principally through acquisitions across Canada and such other jurisdictions where opportunities exist.

For more information regarding the REIT, please visit www.sedar.com or the REIT's website at www.truenorthreit.com.

[Select55]

thinking about putting 1 million into TNT    ?? am i crazy or   u all think it has a great future  serious replys only please and thanks

[pandsca]

I believe it is a good investment. I collect monthly divs accross 2 TFSA accounts on over 30,000 shares. I've been in TNT since around 2015. Last year, I did sell all at 8.15 SP, then later returned in March to purchase at 5.00 SP. I reinvest in TNT (not DRIP) when I see the prices is ripe or use my divs to add to other stocks for diveristy.

[Select55]

yes thanks for the reply  tfsa wont work as  to accumulate 750-1 million in shares  in a tfsa takes years  however most of its  roc for the first 10 years  and then taxed as a cap gain so not terrible tax like regular income I got 7.5 M in a private  reit  but because of re evaluations over the last 5 years the  yeild is down to like 6.5% and its

[CanSiamCyp]

Hi Select! Just out of curiosity - which private REIT are you invested in? And are you pleased with your multi-year experience with their performance? We have approx. 2 M in Skyline products - spread across 3 REITs (Apartment, Commercial and Retail) and the Clean Energy Fund (solar and biomass under FIT contracts with the Gov. of Ont.). We have had 15,600 units of TNT.un in a non registered

[Select55]

all of mine are skyline commercial and retail   great company best move i ever made finacially when  it comes to investment income 

[CanSiamCyp]

Totally agree! As they say - "you're preaching to the choir"! Lol! What % allocation of your total portfolio do you feel comfortable with in Skyline? I set a maximum of 20%. Having reached that limit I wonder if I should relax the rule. I always strive to diversify - for protection - "all your eggs in one basket", etc.