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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 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

Bullboard Posts
Comment by YellowBrickRoadon Sep 05, 2019 2:41am
123 Views
Post# 30097090

RE:RE:RE:RE:RE:RE:RE:RE:halted

RE:RE:RE:RE:RE:RE:RE:RE:haltedI am not sure if this will post correctly as the table is a bit wide, but here is how some recent offerings compare:

  52 Wk Date Closing Offering Closing              Today's
Symbol High Announced Price Price Date Low Date Value ($M) Units Over-Allot   Close
BTB.UN $4.90 28-May-2019 $4.70 $4.67 14-Jun-2019 $4.61 31-May-2019 28.8 5,354,000 803,100 F $4.68
APR.UN $11.30 12-Jun-2019 $10.79 $10.45 28-Jun-2019 $10.33 27-Jun-2019 84 7,000,000 1,000,000 P $10.46
NWH.UN $12.35 23-Jul-2019 $12.24 $11.80 27-Jun-2019 $11.35 15-Aug-2019 172.6 14,628,000 1,908,000 F $11.68
PRV.UN $7.30 7-Aug-2019 $12.24 $7.00 16-Aug-2019 $6.89 15-Aug-2019 50 7,150,000 1,072,500 F $7.03
TNT.UN $7.02 3-Sep-2019 $6.86 $6.60 12-Sep-2019 $6.58 4-Sep-2019 70 10,610,000 1,591,500 ? $6.59

The F or P indicates a full or partial exercise of the Over-Allotment.

Bullboard Posts