TR

True North Commercial REIT

TNT-U.NE
NEReal Estate
$0.00
USD
+0.00(0.00%)
At close: May 20, 21:08 UTC
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Market Snapshot

Market Cap

$117.31M

EPS

-2.30

Revenue

$130.12M

About

True North Commercial REIT engages in the acquisition of commercial office properties. The REIT is primarily focused on creating value for unitholders through the investment in and ownership of quality commercial properties in Canada. The REIT’s primary objective is to maximize total returns to its unitholders. 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 approximately 40 commercial 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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