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.

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True North Commercial REIT > Ossip Samuel

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Comment by lebouclieron Dec 02, 2023 12:51pm

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Post# 35765185

RE:RE:Ossip Samuel

Ossip selling at 6,89$ seems to have had little effect on the market. His shares have since been more or less swallowed up entirely by buyers, and it appears that he sold at the very bottom. These are not his personal shares and the sale could had been done for a myriad of reasons, I cannot tell for certain. I am not worried, however, at this news and neither is the market, since shares are up 15% on the news that management is keeping up their promise to buyback shares with the NCIB.

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