True North Commercial REIT T.TNT.UN

Alternate Symbol(s): TUERF

Real Estate REIT - Diversified

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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Post by pandscaon Feb 21, 2020 10:47am

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Post# 30717618

That was a nice bump to $8.15

So I sold a bunch of positions this morning.
SP jumped to $8.15, sold 90% of my holdings, then fell back down to $8.12, then up to $8.14, now down to $8.10.

With luck that last 10% will sell today.

I love this stock, it's been a TFSA cash-cow and I'd love to stay in this stock for years to come, but I aslo wanted to recover my losses with so many other mining and health stocks that turned into junk. So selling this has more than recovered my losses.

Thanks to the TNT Team for helping my TFSA stay green :)

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