True North Commercial REIT T.TNT.UN

Alternate Symbol(s): TUERF

Real Estate REIT - Diversified

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 > Massive Piece

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Comment by HyperCubeon Dec 19, 2024 11:58am

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Post# 36370447

RE:RE:Massive Piece

gold_diggers1 wrote: DD should realize that interest rate cuts and NCIB alone will not support the share price. Having a dividend reinstated, however small, possibly will halt the slide.

GLTA

I, for one, prefer they continue the buy back to reinstating the distributions. The unit price is currently low. You want to buy low. That is what TNT is doing, buying low. When the unit price will be high, there will be fewer units receiving the distribution. That means bigger distributions per unit.

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