True North Commercial Real Estate Investment Trust is an unincorporated open-ended real estate investment trust 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 our 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’s management utilizes several key strategies to meet its objectives, which are executed with consideration given to current economic and market factors:
- execute an aggressive acquisitions program, targeting diversified commercial real estate assets in urban cities across Canada. The program focuses on office properties with strong tenant profiles (i.e., government and credit-rated tenants) and long term lease maturities;
- focus on internal net operating income growth and value creation through the use of best-in-class, third party property managers who offer the benefits of both exceptional service and local market knowledge and expertise; and
- leverage the relationship with True North’s asset manager, Starlight Investments, through its extensive resources, economies of scale, and industry relationships to source off–market acquisitions as well as to benefit from the expertise of Starlight’s management and staff.
True North Commercial REIT Collects 99% of April Rent and Provides Update Related to COVID-19 Pandemic
/NOT FOR DISTRIBUTION IN THE U.S. OR OVER U.S. NEWSWIRES/ TORONTO, April 22, 2020/CNW/ - True North Commercial Real Estate Investment Trust (TSX: TNT.UN) (the “REIT”) today provided an update on the impact of COVID-19’s on its operations. COVID-19 virus and various...
/NOT FOR DISTRIBUTION IN THE U.S. OR OVER U.S. NEWSWIRES/ TORONTO, April 15, 2020/CNW/ - True North Commercial Real Estate Investment Trust (TSX: TNT.UN) (the "REIT") today announced its April 2020 monthly cash distribution in the amount of $0.0495 per trust unit...
/NOT FOR DISTRIBUTION IN THE U.S. OR OVER U.S. NEWSWIRES/ TORONTO, April 7, 2020 /CNW/ - True North Commercial Real Estate Investment Trust (TSX: TNT.UN) announced today it intends to release its financial results for the quarter ended March 31, 2020 after the close...