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

<< Previous

Bullboard Posts

Next >>

Post by thenewsnakeon Nov 28, 2023 4:18pm

125 Views

Post# 35757216

Tax loss selling

The dysfunction in TNT and other canadian reits now must be significant tax loss selling by everyone and their uncle given the terrible year the sector had. Long bond yields are significantly off their highs of Oct and the economy is still holding up and slowing down enough to warrant the discussion of rate cuts. Maybe 1-2 weeks away from a monster rally beginning....or any day now depending on how many are left to throw in the towel

<< Previous

Bullboard Posts

Next >>

How a junior advances one of the largest undeveloped diamond projects