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True North Commercial REIT (TNT_u.TO)

TNT_u.TO on Toronto Stock Exchange

6.38CAD
11:17am EDT
Change (% chg)

$-0.01 (-0.16%)
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$6.39
Open
$6.40
Day's High
$6.40
Day's Low
$6.38
Volume
15,484
Avg. Vol
65,280
52-wk High
$6.73
52-wk Low
$5.93

Latest Key Developments (Source: Significant Developments)

True North Commercial REIT reports Q2 adjusted funds from operations per unit of $0.15​
Thursday, 10 Aug 2017 05:05pm EDT 

Aug 10 (Reuters) - True North Commercial Reit -:True North Commercial REIT delivers strong results in Q2 2017.True North Commercial REIT - qtrly ‍revenue from property operations increased by 31% to $12.6 million from $9.6 million in q2 2016​.True North Commercial REIT - qtrly ‍net operating income grew by 36% to $8.1 million compared with $5.9 million in q2 2016​.True North Commercial REIT - qtrly ‍basic and diluted funds from operations per trust unit $0.16​.True North Commercial Reit - qtrly ‍basic and diluted adjusted funds from operations per unit of $0.15 for Q2 2017​.  Full Article

True North Commercial REIT continues urban growth with $53.6 mln property acquisitions in GTA, Ottawa And Victoria
Monday, 5 Jun 2017 08:30am EDT 

June 5 (Reuters) - True North Commercial Reit -:True North Commercial Real Estate Investment Trust continues urban growth with $53.6 million of strategic property acquisitions in gta, ottawa and victoria.True North Commercial REIT - ‍aggregate purchase price for acquisition properties is approximately $53.6 million, exclusive of closing costs​.True North Commercial-deal expected to be satisfied by a combination of proceeds from reit's november public unit offering, first mortgage financing​.True North Commercial REIT - ‍acquisition properties are expected to be immediately accretive to reit's adjusted funds from operations​.True North Commercial REIT - ‍upon completion of acquisitions, occupancy is expected to be 97.7%​.  Full Article

True North Commercial REIT qtrly FFO per unit diluted $0.15
Thursday, 11 May 2017 05:52pm EDT 

May 11 (Reuters) - True North Commercial REIT ::True North Commercial REIT reports strong performance in Q1 2017.True North Commercial REIT - qtrly net operating income increased 32% to $7.8 million compared with q1 2016.Qtrly FFO per unit diluted $0.15.True north commercial REIT- basic and diluted adjusted funds from operations per unit remained consistent at $0.15 for q1 2017.  Full Article

True North Commercial REIT qtrly FFO per unit $0.14
Wednesday, 8 Mar 2017 05:05pm EST 

True North Commercial REIT : True North Commercial REIT reports strong asset and revenue growth in 2016 . True North Commercial REIT qtrly basic and diluted FFO and AFFO per unit of $0.14 . True North Commercial REIT - Q4 revenue from property operations increased by 20% totaling $11.8 million compared to Q4 2015 . Qtrly FFO per unit $0.14 . Qtrly AFFO per unit $0.14 .True North Commercial REIT qtrly same property noi increased 1.0% compared to Q4 2015.  Full Article

True North REIT says to increase equity offering to $30 mln
Wednesday, 17 Aug 2016 09:12am EDT 

True North Commercial Real Estate Investment Trust : True North Commercial Real Estate Investment Trust announces an increase to the previously announced equity offering to $30 million .To increase size of public offering to 4.8 million units of REIT at a price $6.20 per unit.  Full Article

True North Commercial REIT announces $22.5 mln equity offering
Tuesday, 16 Aug 2016 03:24pm EDT 

True North Commercial Real Estate Investment Trust : True North Commercial Real Estate Investment Trust announces $22.5 million equity offering and potential acquisitions with urban focus . Intends to use net proceeds from offering to fund potential acquisition of commercial properties .Underwriters to sell on a bought deal basis, 3.6 million units of reit at a price $6.20/unit.  Full Article

True North Commercial REIT Q2 rev rises 8.7 pct
Wednesday, 3 Aug 2016 05:05pm EDT 

True North Commercial Real Estate Investment Trust : Q2 revenue rose 8.7 percent to c$9.7 million .Qtrly diluted ffo per unit $0.16.  Full Article

True North Commercial continues strategic growth with second acquisition in Greater Toronto area
Thursday, 28 Jul 2016 08:39pm EDT 

True North Commercial Real Estate Investment Trust : Says purchase price for explorer property is $10.5 million .True north commercial real estate investment trust continues strategic growth with second acquisition in Greater Toronto area.  Full Article

True North Commercial to acquire Century Property
Tuesday, 5 Jul 2016 08:30am EDT 

True North Commercial Real Estate Investment Trust : True North Commercial Real Estate Investment trust continues expansion in the greater toronto area acquiring an additional 100,000 square feet and a concurrent $9.25 million private placement . Private placemen of a 1.5 million units at a price of $5.85 per unit . Non-Brokered private placement of 42,735 units at a price of $5.85 per unit . Acquisition of century property is expected to be accretive to FFO, AFFO per trust unit of REIT . Purchase price for century property is $13.4 million .Private placement to satisfy cash portion of purchase price for century property and Mississauga property.  Full Article

True North Commercial Real Estate Investment Trust announces October 2015 Distribution
Thursday, 15 Oct 2015 05:00pm EDT 

True North Commercial Real Estate Investment Trust:Announced a cash distribution of $0.0495 per trust unit for the period from Oct. 1 and ending Oct. 30.Says the distribution will be payable on Nov. 16, 2015 to unitholders of record as at Oct. 30, 2015.  Full Article