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

True North Commercial REIT > Something broke in REITS past 2 months

<< Previous

Bullboard Posts

Next >>

Comment by Kylemcc10on Oct 26, 2023 1:27am

162 Views

Post# 35701507

RE:RE:Something broke in REITS past 2 months

Historically it's 21 months on average from the first hike. That's when things get real messy. We're at month 18 I believe. This hiking campaign was insanely fast but there was a lot of stimulus to flush out. Reits have gotten smoked, I'm waiting for the broader indexes to follow. How much further will TNT drop? Who knows, but periodic buys from this point isn't a bad idea. I have a lot of Tbills and cash ready to go

<< Previous

Bullboard Posts

Next >>

TELUS adds 347K customers in Q3