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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

TSX:TNT.UN - Post Discussion

True North Commercial REIT > Work from home... or not?
View:
Post by flamingogold on Sep 28, 2023 7:58pm

Work from home... or not?

Coming into T.O. today around 4 pm.... miles long traffic heading out of the city like it was 2019 but even worse. No reports of accidents. I have acquaintences that told me they had to sign contracts they are working from home and not the coffee shop, the cottage, the mall, the car, etc. If everyone is truly working from home, who are all these people on the road at rush hour?
Comment by SNAKEYBOY on Sep 28, 2023 9:39pm
I agree the toronto traffic downtown is pretty insane...but I have a bearish spin. My own company owns some office space downtown very well located on King street at subway and top floor.  Been trying to sublet it for several months to save money and haven't had any luck.  Doenst surprise me that we're going into recession and companies are in cost saving mode.    
Comment by Catchtherally on Sep 29, 2023 5:00pm
How come you are trying to sublease it? 
Comment by EstevanOutsider on Sep 28, 2023 10:22pm
AP & D both reported office touring volume is at pre Covid levels. Cecillia Williams said she thinks it might be even above historic norms. I talked to Martin Liddell at TNT recently and he told me he is seeing in uptick in leasing activity at TNT and thinks the work-from-home issue is well behind them.
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