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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

Comment by gold_diggers1on Jun 20, 2024 7:15pm
61 Views
Post# 36099065

RE:RE:ANYONE KNOW

RE:RE:ANYONE KNOW

Are you saying that get some powder ready and pull triggers later on?

GLTA

lancebryant wrote:

It's because people that buy REITS are broke.  I know that sounds like it shouldn't be true but it is.

The selling is due to distressed sellers organizing capital to make sure they don't lose things like there house, car or other important bills.

It was worse in the 1930's.  Companies got so cheap back then it makes even the current PE ratio of 3 look expensive.  We could be in for a world of hurt yet.  

Buckle up.

 


 

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