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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 lancebryanton Feb 27, 2024 8:26pm
99 Views
Post# 35902827

RE:Sentiments

RE:Sentiments This post is fake news.  Daniel has always owned a significant piece of this company and continues to own a signfiicant piece of the company.  He continues to average down just like the rest of us.

When it comes to the long term viability of the company, given how it recovered after covid; its pretty clear that it can most certainly recover.  I would personally argue that it hasn't actually got itself into serious trouble and its made the neccessary decisions its needed to to maintain viability.

All it has to do is re-instate the 0.045 dividend and it would go up 250% in a single day. It may be able to do that sometime later next year.  Daniel knows this.

Just foolish retail investors who invest in a company based on the dividend only.  That's all that was ever involved here, nothing more.




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