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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 > Yesterday...
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Comment by flamingogoldon Apr 26, 2024 2:24pm
91 Views
Post# 36009975

RE:RE:RE:RE:RE:RE:RE:RE:Yesterday...

RE:RE:RE:RE:RE:RE:RE:RE:Yesterday...If you really need the income so bad, just sell and move on to another equity. There are too many to count that are paying 8% or more.

giovinco wrote: What? I am a retired CFO so I need the money paid to me monthly. I also have a family to support.
I am not going to sell my house, nor I am not going sell any shares and use that money. I would like to keep my money generating assets as is.
I can hold off few months but this is dragging on too long. People plan for their life and unexpected distribution cut for nothing is not welcomed. I will DRIP some of my distribution when it is paid to me so I can maximize my investment/shareholder value. Company does not have to do that for me with my money.


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