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 is primarily focused on creating value for unitholders through the investment in and ownership of commercial properties in Canada. 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 owns and operates a portfolio of about 40 properties consisting of approximately 4.6 million square feet in urban and select strategic secondary markets across Canada focusing on long-term leases with government and credit-rated tenants. Its properties include 36 and 38 Solutions Drive, 500 Beaverbrook Court, 61 Bill Leathem Drive, 675 Cochrane Drive, and 1112 Fort Street, among others.

TSX:TNT.UN - Post by User

True North Commercial REIT > The crooks want your shares

<< Previous

Bullboard Posts

Next >>

Comment by EstevanOutsideron Sep 27, 2023 8:44pm

126 Views

Post# 35658310

RE:RE:The crooks want your shares

lol, i think tnt will have to wait until AP recovers a bit before the rally starts but it sure is cheap. tnt also makes serious income and can handle higher rates post distribution cut based on my math assuming fudnamentals do not detorirate further. 14% yield seems like the a joke but it is trading on narrative and nothing else. even the director added over $1 million worth of units in 1H along with Drimmer at a much higher price. perhaps the bears are overdoing it. the high yield and poor price is concerning but price drives narrative. perhaps the steal of a century along with a few other names.

let us see what happens after the first rate cut.

<< Previous

Bullboard Posts

Next >>

High Tide adds two stores to undervalued cannabis retail network