True North Commercial Real Estate Investment Trust (TNT.UN)

Overview

The REIT, an unincorporated and open-ended real estate investment trust, operates under the legal framework of the Province of Ontario. This entity is at the helm of owning and operating a robust portfolio that encompasses 44 commercial properties, which cumulatively span approximately 4.8 million square feet. These properties are strategically located in urban areas and selected strategic secondary markets throughout Canada. The REIT's main tenant base includes government bodies and tenants with high credit ratings, with whom it engages in long-term lease agreements. Focused on expansion, the REIT aims to grow its portfolio primarily through acquisitions not only across Canada but also in other jurisdictions where viable opportunities are identified.

Products and Services

• Commercial Real Estate Ownership

  The core product of the REIT is its extensive portfolio of commercial real estate. This includes a diverse range of properties totaling approximately 4.8 million square feet, primarily leased to government and credit-rated tenants. The focus is on long-term leases, ensuring stable and prolonged revenue streams.

• Real Estate Acquisition Services

  In addition to property ownership, the REIT specializes in the acquisition of commercial real estate across Canada and potentially in other jurisdictions. This service involves the strategic selection and purchase of properties that match the REIT's investment criteria, focusing on expanding its existing portfolio while adhering to its growth strategy.