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.

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True North Commercial REIT > Office vacancies rose in Q1 as companies deferred leasing

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Comment by wheeloffortuneon Jun 14, 2023 12:18pm

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Post# 35496131

RE:RE:Office vacancies rose in Q1 as companies deferred leasing

After a year of avoiding REITS, I'm back in. I filled up a third of my portfolio with TNT at a $2.55 avg. this past week. In a few years, it'll be a triple bagger. Far better than Cominar. Some really nice glass buildings in TO, CEO bought up a bunch of units in the mid $3s, and an NCIB to help it out. I picked up a smaller lot of BTB and REI too. Sure beats high interest savings accounts. I may buy more still. Feels good to be investing in real estate again.

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