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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 > Somebody knows something...
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Post by BBAccount001on Oct 25, 2023 11:38am
297 Views
Post# 35700200

Somebody knows something...

Somebody knows something...The volume of selling indicates large holders are dumping their positions ahead of some really bad news when they release fins for last quarter. I will hold off buying any until I get clarity. I thought the dividend was safe after the last cut but it might not be.

I have seen this same story too many times with other REITs I hold. Not going to DCA on this one till the picture clears up.
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