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True North Commercial REIT (TNT_u.TO)

TNT_u.TO on Toronto Stock Exchange

6.16CAD
1:01pm EDT
Change (% chg)

$-0.01 (-0.24%)
Prev Close
$6.17
Open
$6.16
Day's High
$6.19
Day's Low
$6.13
Volume
29,459
Avg. Vol
74,923
52-wk High
$6.73
52-wk Low
$5.60

Latest Key Developments (Source: Significant Developments)

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

True North Commercial Real Estate Investment Trust declares cash distribution
Tuesday, 15 Sep 2015 04:05pm EDT 

True North Commercial Real Estate Investment Trust:Declares cash distribution of $0.0495 per trust unit for the period from Sept. 1 and ending Sept.30.Payable on Oct. 15 to unitholders of record as at Sept. 30.  Full Article

True North Commercial Real Estate Investment Trust Announces August 2015 Distribution
Monday, 17 Aug 2015 05:02pm EDT 

True North Commercial Real Estate Investment Trust:Says cash distribution of $0.0495 per trust unit for the period from August 1, 2015 and ending August 31, 2015.distribution will be payable on September 15, 2015 to unitholders of record as at August 31, 2015.  Full Article

True North Commercial REIT agrees to buy portfolio of four office buildings
Tuesday, 30 Jun 2015 05:41pm EDT 

True North Commercial REIT:Entered into purchase agreement to buy portfolio of four office buildings in Fredericton, New Brunswick for about $35 million.Deal expected to be immediately accretive to FFO and AFFO per trust unit of the REIT.Has agreed to divest of coronation mall property for gross proceeds of about $17 million.Following deal,divestiture of coronation mall, size of reit's portfolio expected to increase by 20%.  Full Article

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BRIEF-True North Commercial REIT qtrly FFO per unit $0.14

* True North Commercial REIT reports strong asset and revenue growth in 2016