Company True North Commercial Real Estate Investment Trust OTC Markets

Equities

TUERF

CA89784Y4076

Commercial REITs

Delayed OTC Markets 09:30:04 2024-06-13 EDT 5-day change 1st Jan Change
6.2 USD -8.55% Intraday chart for True North Commercial Real Estate Investment Trust -.--% +16.76%

Business Summary

True North Commercial Real Estate Investment Trust (the REIT) is a Canada-based unincorporated, open-ended real estate investment trust. The REIT is primarily focused on creating value for unitholders through the investment in and ownership of commercial properties in Canada. The REIT’s primary objective is to maximize total returns to its unitholders. Its returns include a stable, reliable, and tax-efficient monthly cash distribution as well as long-term appreciation in the value of its units through the effective management of a portfolio of commercial properties. The REIT owns and operates a portfolio of about 40 properties consisting of approximately 4.6 million square feet in urban and select strategic secondary markets across Canada focusing on long-term leases with government and credit-rated tenants. Its properties include 36 and 38 Solutions Drive, 500 Beaverbrook Court, 61 Bill Leathem Drive, 675 Cochrane Drive, and 1112 Fort Street, among others.

Sales per Business

CAD in Million2022Weight2023Weight Delta
Base Rent
55.1 %
76 53.1 % 73 55.1 % -4.43%
Property Operating and Realty Tax Recoveries
41.2 %
56 38.8 % 54 41.2 % -2.31%
Parking and Other
3.7 %
12 8.1 % 5 3.7 % -57.99%

Sales per region

CAD in Million2022Weight2023Weight Delta
Canada
100.0 %
144 100.0 % 132 100.0 % -7.92%

Managers

Managers TitleAgeSince
Chief Executive Officer 51 12-12-13
President - 23-06-29
Director of Finance/CFO 53 23-06-20
Director/Board Member 58 12-12-13

Members of the board

Members of the board TitleAgeSince
Director/Board Member 53 12-12-13
Director/Board Member 58 12-12-13
Director/Board Member 60 12-12-13
Director of Finance/CFO 53 23-06-20
Chief Executive Officer 51 12-12-13
Director/Board Member 39 -
Director/Board Member - 23-06-20

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 14,624,836 12,978,826 ( 88.75 %) 0 88.75 %

Shareholders

NameEquities%Valuation
1,633,235 10.21 % 11 M $
Alon Ossip
0.2400 %
38,412 0.2400 % 261 970 $
Marrac Holdings Ltd.
0.0882 %
14,108 0.0882 % 96 217 $
10,482 0.0655 % 71 487 $
Sumitomo Mitsui Trust Asset Management Co., Ltd.
0.0280 %
4,487 0.0280 % 30 601 $
3,871 0.0242 % 26 400 $
Tracy Sherren
0.009467 %
1,515 0.009467 % 10 332 $
Resona Asset Management Co., Ltd.
0.007730 %
1,237 0.007730 % 8 436 $
Martin Liddell
0.006049 %
968 0.006049 % 6 602 $
Lindsay Brand
0.000175 %
28 0.000175 % 191 $
NameEquities%Valuation
450,216 10.45 % 3 M $
Marrac Holdings Ltd.
1.451 %
62,499 1.451 % 426 243 $
Alon Ossip
0.8913 %
38,387 0.8913 % 261 799 $
10,155 0.2358 % 69 257 $
3,798 0.0882 % 25 902 $
1,000 0.0232 % 6 820 $
Lindsay Brand
0.000650 %
28 0.000650 % 191 $
NameEquities%Valuation
828,125 26.22 % 6 M $
Alon Ossip
8.409 %
265,625 8.409 % 2 M $
6,250 0.1979 % 42 625 $

Company contact information

True North Commercial REIT

Centre Tower 3280 Bloor Street West

M8X 2X3, Toronto

+416 234 8444

http://www.truenorthreit.com
address True North Commercial Real Estate Investment Trust(TUERF)

Sales per Business

Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
4
Last Close Price
8.82 CAD
Average target price
9.188 CAD
Spread / Average Target
+4.17%
Consensus

Chiffre d''affaires - Rate of surprise

  1. Stock Market
  2. Equities
  3. TNT.UN Stock
  4. TUERF Stock
  5. Company True North Commercial Real Estate Investment Trust