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 > Talked to IR today about NCIB

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Comment by SNAKEYBOYon Jun 18, 2023 11:40pm

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Post# 35502835

RE:RE:RE:RE:RE:RE:Talked to IR today about NCIB

artis had lots of insider buying in fall/winter and the SP continued to tank. DD bought big at $3.40 and clearly he got it wrong cause its 30% lower. Just sayin insider buys means no guarantee it will go up. Glad hes confident but this can go to $1 and a hostile bid comes in. I dont disagree that risk/reward is probably skewed to upside here

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