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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 flamingogoldon Jan 05, 2024 8:45am
109 Views
Post# 35812067

RE:RE:RE:RE:Boring is back

RE:RE:RE:RE:Boring is backYesterday, he continued to shed light on the rotation out of Big Tech. While he didn't specify REITs this time time, he did make it clear that the new leaders would not be those that led last year.

https://www.cnbc.com/2024/01/04/jim-cramer-says-new-leaders-will-catch-wall-streets-eye-in-january.html

BlueJay2020 wrote: He actually uses the word 'momentarily' not 'temporary' which to me indicates a matter of days.  It was just a poor choice of word and he really meant to say "at the moment."  No-one invests (or should invest) based on ultra-short-term trends. 

The big question mark is how much money will flow into office Reits?  I applaud the fact that TNT management are not waiting to find out but deploying funds at these levels.  That is, quite literally, going to pay dividends down the line.  No, it's not playing it safe, but if I wanted to play it safe I would not be investing in this stock in the first place.


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