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 > September 2021 Distribution

<< Previous

Bullboard Posts

Next >>

Comment by Select55on Oct 11, 2021 4:31pm

231 Views

Post# 33995558

RE:RE:RE:September 2021 Distribution

yes thanks for the reply tfsa wont work as to accumulate 750-1 million in shares in a tfsa takes years however most of its roc for the first 10 years and then taxed as a cap gain so not terrible tax like regular income I got 7.5 M in a private reit but because of re evaluations over the last 5 years the yeild is down to like 6.5% and its currently closed to new money;;

pandsca wrote: I believe it is a good investment.

I collect monthly divs accross 2 TFSA accounts on over 30,000 shares.
I've been in TNT since around 2015.

Last year, I did sell all at 8.15 SP, then later returned in March to purchase at 5.00 SP.

I reinvest in TNT (not DRIP) when I see the prices is ripe or use my divs to add to other stocks for diveristy.