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 fatcharlieon Feb 21, 2020 12:41pm

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Post# 30718297

RE:RE:RE:That was a nice bump to $8.15

Congrats always nice to take some profits off the table. For me its a hold right now. The stock is doing extremely well compared to the rest of the market and I continue to collect nice dividends. I am not always right but it seems TNT.UN still has momentum behind it so it wouldn't surprise me if we see $8.25 as investors are still moving to safety and there is talk of a rate cut coming sooner than later in the US as companies are starting to see slowdowns in orders etc. The rate cut will also apply to Canada and the blockades has just made this more so in my mind. REITs and Utilities are the places to be right now and that has not changed. Just my two cents.

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