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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 CrazyTraderon Aug 10, 2023 11:36am
123 Views
Post# 35581823

The Problem For This Sector IS....Timing of Cash Flow

The Problem For This Sector IS....Timing of Cash Flowand Crazy Propoganda.    Problem is NOT the Profitablity/Business Model, Company can raise rents.  

As it has always been, debt/mortages comes up for renewal and company renews, and when leases come up for renewal company assess rent increases, and raise rents accordingly.

The Media went into Propoganda over drive with doom and gloom.... but there's a simple solution to rising interest rates..........RAISE RENTS!!!!!

Now problem is the timing of increase debt payments and increase in rents. 

Sector should have started rasing rents earlier but they probably underestimated the rate increases so now there's going to be atleast couple years of low profitablity until more leases come up for renewal and rents increased.

All just my opinion/view/thinking.
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