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 > Stumped by traffic

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Comment by garyreinson Dec 02, 2023 2:45pm

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Post# 35765311

RE:RE:Stumped by traffic

I think the most detrimental aspect to office is not the work from home trend but companies trying to save dollars to turn a profit during imminent recession. Some companies I follow on the ground just sublet for this reason otherwise would have liked to kept the space for gatherings and meetings and such as most like to keep an option for employees. Blame the central banks and their softening

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