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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

Comment by CanSiamCypon Mar 15, 2023 12:24pm
155 Views
Post# 35340116

RE:RE:TNT

RE:RE:TNTHey JocetooBad:

It is a brutal cut ... and when u read their news release, the dumb a$$e$ make it sound like they're proud they have come up with such a fantastic way to ensure unitholder value. LOl! With friends like this who needs enemies!

As I said in my much earlier post, they could have softened the blow and minimized the damage to the unit value if they had at least announced - as part of their "strategic plan" - to allocate at least 50% of the cash savings they are crowing about to an NCIB. That would have mitigated the damage to some extent at least!

btw: I noted that my initial posting attracted flak from pandsca and rabnud ... cuz apparently there is a technical issue with TNT's posting via Canada Newswire. Up to the present, I still cannot see the posting via the TMX board. Also, altho I could read the document on my brokerage website, they do not allow copy and paste function - so I posted the exact details - and attracted the ire of those two.

I noted from the views on each posting that - whereas my post was viewed 100+ times their cr@p was read less than 20 times - meaning they are on most people's ignore list. So thanks guys for that tip ... and on the Ignore list these two bozos go!

Good luck to all long suffering unitholders of TNT REIT!

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