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 > TNT

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Comment by pandscaon Dec 14, 2021 2:28pm

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Post# 34229955

RE:RE:RE:RE:TNT

@rabund

Take a look at TNT in that period. It was great that the stock took a dive so we could pick it up at bargain prices, in in reality TNT never once fell below like 99% collection rates and no clients dropped off their radar. Their stock price took a dive only becuase of the sector wave.

TNT maintained great sales and ontime payments - even better than most REITs do in good times - during the whole COVID crisis.

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