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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

True North Commercial REIT > NCIB
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Comment by gold_diggers1on Jan 10, 2024 9:56am
124 Views
Post# 35819104

RE:NCIB

RE:NCIB
SIGG1 wrote: I hope that True North will keep buying shares back using the distribution cash as long as the share price remains depressed. 

TNT can only buy a max 11,380 shares daily.
.
Without DD's buying to show support, share price will drop... today is an example... tanking to below $10.... $9.60s.
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Yes, DD is rich and has enough shares owned already, but he should put his money where his mouth is!
.
GLTA



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