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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 > Occupancy rate
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Comment by lancebryanton Mar 21, 2024 6:14pm
132 Views
Post# 35945979

RE:Occupancy rate

RE:Occupancy rateIt shouldn't have been shocking to anybody.

It was addressed and let known on the last earnings report (on the property details for this calgary property) that the tenant was moving on (General dynamics).

It is indeed a good property that will likely rent and they have chosen at this time to attempt to rent it.

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