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Category: Commercial

True North suspends distributions, focuses on share buybacks

RENX Staff Commercial REITs National Nov. 16 2023

True North Commercial REIT (TNT.UN-T) is temporarily ceasing distributions to unitholders to use those funds to buy back its shares, and will consolidate its units on a 5.75:1 basis, the trust announced this week in its Q3 financial report.

Canada's year in proptech: 50 startups, $1.5B in new funding

Steve McLean Commercial Proptech National Nov. 16 2023

Canada’s property technology (proptech) industry continues to flourish despite experiencing some of the same challenges faced by other segments of the Canadian real estate and tech markets.

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