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 > I wonder

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Comment by flamingogoldon Jun 06, 2024 4:48pm

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Post# 36076283

RE:I wonder

Most investors have the patience of an ant. That's why they get squashed.

MRT just hit an annual high. My position is green and it pays me what money market funds do on top. It will go higher too as rates decline. This will follow but it will take pateince. That could mean 2025. Unfortunately, we live in a world of instant and are disappointed when we have to wait.

If you just want income, buy it only when it begins to pay. But, by then you will be paying more for the shares at a lower distribution rate. If you want capital gains and income, you need to position first and wait because no one can time a market.