Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 wheeloffortuneon May 30, 2024 7:08pm
66 Views
Post# 36065433

RE:RE:Debt recap

RE:RE:Debt recapHow do you know DD is an inherited billionaire?? Do you have a link or are you just pulling stuff out of your butt as usual?

giovinco wrote: 60 million from building sales won't be 100% free cash flow.
It was already in the news, after paying back the mortgage attached to them, it is ~19 million in proceeds.
If anyone looks at the chart, it is very clear that the share price dropped each time they cut the dividend.
If they want to increase the shareholder value, via share price appreciation, they need to reinstate it and not cut it to zero. I am tired of the biased management, so cutting my loss here. There is value here but management, inherited billionaire DD and not self made so knows nothing, is killing it.



<< Previous
Bullboard Posts
Next >>