Off-market insider selling at True North Comm. REIT (TNT)

Off-market insider selling at True North Comm. REIT (T:TNT)

Alon Samuel Ossip, a Director, disposed of 62,208 Trust Units on an indirect ownership basis for registered holder OSS 2013 Enterprises Inc. at a price of $6.890 through a private transaction on November 28th, 2023. The insider also disposed of 84,429 Trust Units on an indirect ownership basis for registered holder Romoss Inc. at a price of $6.890 through a private transaction between November 28th, 2023 and November 29th, 2023. This represents a $1,010,329 divestment of the company's shares and an account share holdings change of -87.9%.

True North Comm. REIT is in the Commercial REITs Sub Industry Group under the Real Estate Sector.

True North Commercial Real Estate Investment Trust (the REIT) is a Canada-based unincorporated, open-ended real estate investment trust. 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 is focused on creating value for unitholders through the investment in and ownership of commercial properties in Canada. The REIT owns and operates a portfolio of approximately 44 properties consisting of approximately 4.8 million square feet in urban and select strategic secondary markets across Canada. Its properties include 9200 Glenlyon Parkway; 36 and 38 Solutions Drive; 1595 16th Avenue; 855 8th Avenue SW; 5775 Yonge Street; 6 Staples Avenue; 845 Prospect Street, and 551 King Street.