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 > Sentiments

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Comment by giovincoon Feb 27, 2024 10:58pm

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Post# 35902997

RE:RE:Sentiments

"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."

250% in one day is too much LOL should I sell my million dollar house to buy more of this stock? Then I could have 3 houses after getting 250% return HAHAHA
It doesn't work like that, it goes up and down with a trend so it would take months if not years to be up 250% unless someone is paying that premium to buy the company which I doubt will happen. No one would offer more than 100% premium for most of the companies, ideally 60% is proven to be enough.

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