Overview
True North Commercial Real Estate Investment Trust is an unincorporated open-ended real estate investment trust primarily focused on creating value for unitholders through the investment in and ownership of quality commercial properties in Canada.
Objectives
The REIT’s primary objective is to maximize total returns to our unitholders. 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.
Strategies
The REIT’s management utilizes several key strategies to meet its objectives, which are executed with consideration given to current economic and market factors:
Execute an aggressive acquisitions program, targeting diversified commercial real estate assets in urban cities across Canada. The program focuses on office properties with strong tenant profiles (i.e., government and credit-rated tenants) and long term lease maturities;
Focus on internal net operating income growth and value creation through the use of best-in-class, third party property managers who offer the benefits of both exceptional service and local market knowledge and expertise
About The Asset Manager
We leverage our relationship with our asset manager, Starlight Investments, through its extensive resources, economies of scale, and industry relationships to source off–market acquisitions as well as to benefit from the expertise of Starlight’s management and staff.
Starlight Investments (“Starlight”) is a privately held Toronto-based, full service, multi-family and commercial real estate investment and asset management company driven by an experienced team of approximately 360+ professionals. Starlight currently manages over $25.0 billion of direct real estate as well as real estate investment securities, including institutional joint ventures vehicles, Starlight U.S. Multi-Family Funds, Northview Fund and Starlight Capital Funds.