Overview
Description
True North Commercial Real Estate Investment Trust is a Canadian real estate investment trust that focuses on acquiring and owning a portfolio of primarily Canadian commercial office properties. Its primary function is to provide investors with exposure to stable and income-generating commercial real estate assets. True North Commercial REIT invests predominantly in office spaces located in key urban centers, ensuring diversified geographic representation and tenant mix. The trust emphasizes long-term leases with high-credit tenants, offering predictability and security of cash flows. True North actively manages its properties to maintain and increase their value, thus ensuring steady distributions to its unit holders. In the broader financial market, the REIT serves investors seeking income through real estate without the complexities of direct property ownership. It plays a critical role in diversifying investment portfolios, especially for those looking to hedge against inflation and interest rate volatility. As a publicly traded entity on the Toronto Stock Exchange, it provides liquidity and transparency, aligning with the needs of retail and institutional investors alike.
About
CEO
Mr. Daniel Drimmer Cook
Employees
0
Address
3280 Bloor Street West
Suite 1400, Centre Tower
Toronto, M8X 2X3, ON
Canada
Suite 1400, Centre Tower
Toronto, M8X 2X3, ON
Canada
Phone
416 234 8444
Website
Instrument type
REIT
Sector
Real Estate
Industry
REIT - Office
Country
Canada
MIC code
XTSE