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 > PAIN TRAIN

<< Previous

Bullboard Posts

Next >>

Comment by coluccion May 11, 2023 9:46am

108 Views

Post# 35442854

RE:RE:RE:PAIN TRAIN

i think the leadership risk due to changing management is having an impact on this REIT. uncertainty in leadership is a huge factor for a company and it`s something that investors rather not deal with so there`s massive bleeding right now until we get some news on a new CEO. It`s probably over blown and tTNT will probably find someone competent to manage the trust. it adds for a good buying opportunity if you're looking to average down and get some high dividend yields with potential upside. I just went through this with INO.UN so everything looks bleak, but it's just temporary pain. I'd look at this as more of a fire sale than anything.

<< Previous

Bullboard Posts

Next >>

Canada Nickel unveils second of seven resources planned by mid-2025