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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

True North Commercial REIT > Earnings PR
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Comment by EstevanOutsideron Nov 13, 2023 11:12am
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Post# 35731966

RE:Earnings PR

RE:Earnings PRi think they will keep the distribution as it is based on my convos with the cfo/vp given positive leasing activity. they can run a sib to bring up the unit price with proceeds from the 3650 victoria park asset sale. leasing activity has been good/positive so i don't expect any negative surprises on that front. the toughest properties in alberta/new brunswick have been re-leased on 5+ year terms.
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