Edition:
United States

True North Commercial REIT (TNT_u.TO)

TNT_u.TO on Toronto Stock Exchange

6.62CAD
4:00pm EDT
Change (% chg)

$-0.01 (-0.15%)
Prev Close
$6.63
Open
$6.66
Day's High
$6.67
Day's Low
$6.62
Volume
89,934
Avg. Vol
135,539
52-wk High
$7.00
52-wk Low
$6.26

Latest Key Developments (Source: Significant Developments)

True North Commercial REIT To Acquire 40,000 Sq Ft Office Property In Ottawa For $6.3 Mln
Wednesday, 5 Sep 2018 05:00pm EDT 

Sept 5 (Reuters) - True North Commercial REIT ::TRUE NORTH COMMERCIAL REAL ESTATE INVESTMENT TRUST INCREASES FOOTPRINT IN OTTAWA WITH PROPERTY ACQUISITION AND CONTINUES DEPLOYMENT OF JULY 2018 UNIT OFFERING.TRUE NORTH COMMERCIAL REIT - HAS AGREED TO ACQUIRE A 40,000 SQUARE FOOT OFFICE PROPERTY LOCATED AT 2300 ST. LAURENT BOULEVARD, OTTAWA, ONTARIO.TRUE NORTH COMMERCIAL REIT - PURCHASE PRICE FOR OTTAWA PROPERTY IS ABOUT $6.3 MILLION, EXCLUSIVE OF CLOSING COSTS.  Full Article

True North Commercial Real Estate Investment Trust Has Agreed To Acquire A Office Property in Alberta
Thursday, 23 Aug 2018 05:05pm EDT 

Aug 23 (Reuters) - True North Commercial REIT ::TRUE NORTH COMMERCIAL REAL ESTATE INVESTMENT TRUST CONTINUES DEPLOYMENT OF JULY 2018 UNIT OFFERING WITH OFFICE PROPERTY ACQUISITION IN CALGARY, ALBERTA.TRUE NORTH COMMERCIAL REIT - HAS AGREED TO ACQUIRE A 148,000 SQUARE FOOT OFFICE PROPERTY LOCATED AT 1020 68(TH) AVENUE NORTHEAST, CALGARY, ALBERTA.TRUE NORTH COMMERCIAL REIT - PURCHASE PRICE FOR CALGARY PROPERTY IS APPROXIMATELY $26.75 MILLION, EXCLUSIVE OF CLOSING COSTS.  Full Article

True North Commercial Real Estate Investment Trust Buys Toronto Trophy Asset
Monday, 14 May 2018 05:05pm EDT 

May 14 (Reuters) - True North Commercial REIT ::TRUE NORTH COMMERCIAL REAL ESTATE INVESTMENT TRUST CONTINUES URBAN GROWTH WITH ACQUISITION OF TORONTO TROPHY ASSET.TRUE NORTH COMMERCIAL REIT - PURCHASE PRICE FOR YONGE STREET PROPERTY IS APPROXIMATELY $85.15 MILLION.  Full Article

True North Commercial REIT Qtrly ‍FFO Per Unit $0.15​
Wednesday, 7 Mar 2018 05:24pm EST 

March 7 (Reuters) - True North Commercial Reit ::TRUE NORTH COMMERCIAL REIT REPORTS SIGNIFICANT GROWTH IN Q4-2017.TRUE NORTH COMMERCIAL REIT QTRLY ‍FFO PER UNIT $0.15​.TRUE NORTH COMMERCIAL REIT QTRLY ‍AFFO PER UNIT $0.15​.TRUE NORTH COMMERCIAL REIT - ‍REVENUE IN Q4 OF 2017 INCREASED TO $16.36 MILLION, COMPARED WITH $11.76 MILLION IN Q4 2016​.TRUE NORTH COMMERCIAL REIT QTRLY ‍NET OPERATING INCOME INCREASED BY 44% TOTALING $9.94 MILLION COMPARED TO Q4 2016​.  Full Article

True North Commercial REIT Acquires 78,800 Square Foot Class "A" Office Building
Monday, 18 Dec 2017 05:10pm EST 

Dec 18 (Reuters) - True North Commercial REIT ::TRUE NORTH COMMERCIAL REAL ESTATE INVESTMENT TRUST CONTINUES URBAN GROWTH IN GTA WITH THE ACQUISITION OF A BOMA AWARD WINNING 78,800 SQUARE FOOT CLASS "A" OFFICE BUILDING.TRUE NORTH COMMERCIAL REIT - PURCHASE PRICE FOR HARVESTER PROPERTY IS ABOUT $22.8 MILLION, EXCLUSIVE OF CLOSING COSTS.  Full Article

True North Commercial REIT Announces Renewal Of Normal Course Issuer Bid
Tuesday, 5 Dec 2017 05:05pm EST 

Dec 5 (Reuters) - True North Commercial REIT ::TRUE NORTH COMMERCIAL REIT ANNOUNCES RENEWAL OF NORMAL COURSE ISSUER BID.TRUE NORTH COMMERCIAL REIT - MAY PURCHASE UP TO 100,000 UNITS, REPRESENTING ABOUT 0.27% OF REIT'S FLOAT OF 36.8 MILLION UNITS FOR CANCELLATION.  Full Article

True North Commercial REIT Continues Urban Growth In Halifax With The Acquisition Of A 297,850 Square Foot Business Campus
Tuesday, 28 Nov 2017 05:46pm EST 

Nov 28 (Reuters) - True North Commercial REIT ::TRUE NORTH COMMERCIAL REAL ESTATE INVESTMENT TRUST CONTINUES URBAN GROWTH IN HALIFAX WITH THE ACQUISITION OF A 297,850 SQUARE FOOT BUSINESS CAMPUS.TRUE NORTH COMMERCIAL REIT - PURCHASE PRICE FOR BLUEFROG IS APPROXIMATELY $53.0 MILLION, EXCLUSIVE OF CLOSING COSTS.TRUE NORTH COMMERCIAL REIT - PURCHASE PRICE FOR BLUEFROG EXPECTED TO BE SATISFIED WITH FIRST MORTGAGE FINANCING, CASH ON HAND.  Full Article

True North Commercial REIT posts Q3 FFO per unit $0.15​
Thursday, 9 Nov 2017 05:11pm EST 

Nov 9 (Reuters) - True North Commercial REIT :True North Commercial REIT continues strong growth and operating performance in Q3 2017.True North Commercial REIT qtrly ‍diluted FFO per unit was $0.15​.True North Commercial REIT qtrly ‍AFFO per unit was $0.15​.  Full Article

True North Commercial Real Estate Investment Trust raises equity offering to $35 mln
Thursday, 12 Oct 2017 08:59am EDT 

Oct 12 (Reuters) - True North Commercial Reit ::True North Commercial Real Estate Investment Trust announces an increase to the previously announced equity offering to $35 million.True North Commercial REIT - ‍to increase size of previously announced public offering to 5.6 million trust units of reit at a price of $6.28 per unit​.  Full Article

True North Commercial REIT announces $106.1 million of urban acquisitions
Wednesday, 11 Oct 2017 03:24pm EDT 

Oct 11 (Reuters) - True North Commercial Reit ::True North Commercial REIT announces significant $106.1 million of urban acquisitions totalling 492,900 SF in Victoria, GTA, Ottawa, Halifax and Cambridge and a $25 million equity offering.Says ‍bridge facility of up to $47.6 million will be made available by an affiliate of CIBC Capital Markets​.Says ‍upon completion of acquisitions, REIT's occupancy is expected to remain stable at 97.1 percent​.Says deal will be funded through about $28.5 million from bought deal offering completed earlier, $15.0 million from Oct. 11's offering​, among others.Says entered agreement to sell on bought deal basis, 4 million trust units of REIT at price of $6.28/unit.  Full Article

BRIEF-True North Commercial Real Estate Investment Trust Buys Toronto Trophy Asset

* TRUE NORTH COMMERCIAL REAL ESTATE INVESTMENT TRUST CONTINUES URBAN GROWTH WITH ACQUISITION OF TORONTO TROPHY ASSET