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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... see more

TSX:TNT.UN - Post Discussion

True North Commercial REIT > Occupancy rate
View:
Post by SIGG1 on Mar 20, 2024 10:08am

Occupancy rate

dropped from 93% to 89%? Yikes...   Not sure if we will see any dividends anytime soon.
Comment by luscar99 on Mar 20, 2024 10:48am
This post has been removed in accordance with Community Policy
Comment by EstevanOutsider on Mar 20, 2024 3:41pm
the only challenge in calgary will be the traditional buildings in downtown. the industrial park vacancy in the north end should rent easy as it's mixed-use industrial. imho. but overalll the calgary buildings downtown are not material to tnt here..
Comment by lancebryant on Mar 21, 2024 6:14pm
It shouldn't have been shocking to anybody. It was addressed and let known on the last earnings report (on the property details for this calgary property) that the tenant was moving on (General dynamics). It is indeed a good property that will likely rent and they have chosen at this time to attempt to rent it.
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