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Bullboard - Stock Discussion Forum
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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TSX:TNT.UN - Post Discussion
True North Commercial REIT
> TNT.un
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(56)
•••
4scotia
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Post by
4scotia
on Nov 17, 2023 3:53pm
TNT.un
ONCE A OVER $800MIL MARKETCAP NOW $114MIL GOING DOWN.NEVER TO RECOVER.PUKING TIME.WEL DONE MANAGEMENT.glta.
(46)
•••
lebouclier
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Comment by
lebouclier
on Nov 17, 2023 4:07pm
the damage is already done. It literally cannot go down anymore unless the company goes insolvent. However, for now at least, it is not the case and the market over corrected. We`ve been over corrected for several months, but the market can be irrational for a very long time. This is good opportunity to average down on your costs for sophisticated buyers. all you need to do is look at AFFO
...more
(130)
•••
Panic54321
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Comment by
Panic54321
on Nov 17, 2023 5:19pm
Good call you are exactly correct o ia If there was a time to buy REITs it's know not when there at all time highs! Block out all the negative comments do your own research then actually have the ( balls ). To buy when you feel the valuation is worth the risk!! Depending on how you feel about rates and inflation for me I feel we are at the height of rates!!
...more
(35)
•••
lancebryant
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Comment by
lancebryant
on Nov 18, 2023 2:24am
I agree. Gotta go to town.
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