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

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Comment by MrAndersonon Feb 20, 2020 4:03pm

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Post# 30714590

RE:RE:RE:RE:Nice to see 52 week highs

Good observation but, I would not do an offering until after they release YE results. Also the yield would still be around 6.6% at a price of $9 so I would wait for an even higher stick price. They also need to finish absorbing the recent deals etc. So march ( late march) or april would be earliest I expect and the share price should be $8.50+

i will wait and hope to exit higher and return after a $0.50 drop.

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