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.

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True North Commercial REIT > wont budge a cent

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Comment by gasholeon Jun 08, 2022 9:39am

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Post# 34739744

RE:wont budge a cent

I have owned shares in TNT for a long time, still do, and Im not selling unless there is some type of event to cause it to drop to around my cost. If you look at the fact we have a recession coming, and that the Canadian govt announced they are going to be cutting 6 billion in office space leases that might be one reason why its down, also all reits are down right now, even smart centres was over $33 and is now $29. So I would suggest instead of just wondering what is wrong, do some research and come up with reasons why it is not at its highs of the year. The reasons are in front of your face if you take the time to dig them up.