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.

TSX:TNT.UN - Post by User

True North Commercial REIT

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Comment by cooper90on Mar 19, 2024 10:03pm

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Post# 35942052

RE:several properties sold in q1 2024

This does look positive agreed!

I think they are doing everything right and we are seeing a lot of improvement, of which Q1 will be even better based on the annoucements, both AFFO, cashflow and of course many on this board got their wish..............lots of buy backs for the next 3x months...wow.

When all is said and done TNT will have purchased 1.6 - 1.7M units by the end of Q2-2024 that is pretty incrediable with a 15M float and improved matrix......kick in a few rate decreases we are on our way back!

I think we get back to 10.50-10.80 in the next few weeks......IM0!

Good luck to all.

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