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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 > I contact them asking about NCIB
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Comment by gold_diggers1on Nov 14, 2023 6:30pm
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Post# 35735634

RE:RE:I contact them asking about NCIB

RE:RE:I contact them asking about NCIB
lebouclier wrote: There will be a few days delay most likely before the report of NCIB comes out. If they can turn this thing around, a lot of us who bought at around 1,50 - 2,50 can double our investment in no time... And with a 70% AFFO payout and over 90% occupancy, I am not very worried here. let the market slaughter the impatient. Personally, i would love to see a SIB at these prices.   


I know what NCIB is.  But what is a SIB?  Sorry for my ignorance.  :)
.
Thanks


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