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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 gold_diggers1on Jan 27, 2024 9:47pm
90 Views
Post# 35848986

RE:The big question...

RE:The big question...Right.  I have been saying this (shares not purchased by management especially DD) all along but I was put off by comments that DD could not change the share price, which is true.   But my point is not that I expected he could change the share price but rather, show the market management confidence when insiders buy in droves.
.
GLTA


luscar99 wrote: ...is how bad could the decline in AFFO could get in a soft-landing interest rate scenario.
And how much worse could it get in a deep recession. 
This is the main issue hampering the stock price.

Another one is lack of trust in the management.

Since we live in unprecedented times I don't think anyone could reliably answer the main question.

As for the 2nd issue, a drastic reduction in the compensation packages - commensurate with share price performance- and further substantial open market purchases of trust units by management in their own names would be a good starting point.




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