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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

Comment by TheeRookon Oct 19, 2023 5:06pm
183 Views
Post# 35691846

RE:Drip

RE:DripIt all depends if Long rates go down if   The FED controls interest rates which are Short Term.
The Fed could cut rates and the LT rates could still go up.  Who wants to buy LT bonds at  < 5%.
No one it seems as the LT bond rates have been going up with the FED on pause.

5.01 5.05 N/A
4.93 4.97 N/A
5.03 5.06 N/A
5.10 5.14 N/A
5.17 5.20 N/A
5.28 5.30 N/A


https://home.treasury.gov/resource-center/data-chart-center/interest-rates/TextView?type=daily_treasury_long_term_rate&field_tdr_date_value_month=202310
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