Bullboard - Stock Discussion Forum 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... see more

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TSX:TNT.UN - Post Discussion

True North Commercial REIT > PAIN TRAIN

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Post by SNAKEYBOY on May 10, 2023 4:49pm

PAIN TRAIN

I dont know man, hard to believe you can lose your shirt like this owning real estate. Gotta stick with the big boys- HR, DREAM OFFICE, RIOCAN, SMARTCENTERS. You know they're going to be around forever and have balance sheet to handle anything.

TNT is toxic. Hoping DDs NCIB and friendly shareholder iniatives can pay off for a bounce....so I can get out!!!!!!!!!!

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Comment by EstevanOutsider on May 10, 2023 10:31pm

smartcentres look more risky to me. 100% payout this quarter. everyone thinks it is safer but they may be in a surprise. TNT seems much safer to me especially after the distribution cut.

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Comment by SNAKEYBOY on May 10, 2023 10:46pm

Yeah but its not just a queston of dividend being safe....balance sheet, development pipeline, SCALE, and type of assets- residential/walmart. TNT losing 3% a day for a month is pretty brutal

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Comment by colucci on May 11, 2023 9:46am

i think the leadership risk due to changing management is having an impact on this REIT. uncertainty in leadership is a huge factor for a company and it`s something that investors rather not deal with so there`s massive bleeding right now until we get some news on a new CEO. It`s probably over blown and tTNT will probably find someone competent to manage the trust. it adds for a good buying ...more

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True North Commercial REIT