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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

Post by Lyburnumon Nov 08, 2022 9:03am
389 Views
Post# 35081458

The way of Inovalis?

The way of Inovalis?

Is True North on its way down in the likes of Inovalis (INO.UN) with a dividend cut imminent given such a high payout ratio consistently over 90%? This is an old article. Thought I would repost it due to the recent slashing of INO`s target price with analysts. I would be cautious with TNT using the Inovalis story as a warning for might to come. However, for someone like myself, TNT is now on my radar and I look forward to entering a position should the dividend get slashed. 

 

True North REIT: Are We Going The Way Of Inovalis? (TSX:TNT.UN:CA) | Seeking Alpha

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