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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 99thPercentileon Oct 26, 2023 12:19am
123 Views
Post# 35701474

RE:Something broke in REITS past 2 months

RE:Something broke in REITS past 2 monthsRate cuts take 12 to 16 months to fully impact the general economy. Expect this stock and many others to dive more. We might not even be done rate hikes yet. We got a long way to go.

Looking at 2 months and making this comment shows your general ignorance of basic economics. Buy GIC's if you dont want to think. You would be making 5.75% on a one year
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