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.

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True North Commercial REIT > Those banksters

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Comment by giovincoon Feb 27, 2024 10:57am

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Post# 35901363

RE:Those banksters

What are you talking about???
This is a free market. People are allowed to trade at any price with their stock and money.
If you think stock market should trade to your own expectation then you have a problem. Dictatorship does not exist here.

There is no imminent benefit to the shareholder without the dividend, so people are not buying. That's all. Shareholders do not really care about the buybacks, they want their money paid out monthly.
I was happy with 70% down as long as I got my dividend to entertain and live my life. Now without the fat dividend, I need to sell my holdings in other non-undervalued shares to live. I REALLY HOPE DD UNDERSTANDS THAT IS THE CASE FOR MANY PEOPLE, AND NOT JUST THINK FOR HIMSELF.

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