True North Commercial REIT Declares June 2025 Monthly Distribution

True North Commercial Real Estate Investment Trust (TSX: TNT.UN) announced on June 13, 2025, its monthly cash distribution for June 2025. Unitholders of record as of June 30, 2025, will receive a distribution of $0.0575 per trust unit, payable on July 15, 2025. This marks the third consecutive monthly payout since the REIT reinstated its distributions in March 2025 at the same rate.

The reinstatement of distributions earlier this year followed a strategic pause during 2024, during which the REIT focused on strengthening its financial position. In the first quarter of 2025, True North reported a core portfolio occupancy rate of approximately 92%, excluding assets held for sale, and a weighted average lease term of 4.2 years. These metrics reflect the REIT’s emphasis on maintaining stable, long-term tenancies.

True North’s portfolio comprises 40 commercial properties totaling approximately 4.6 million square feet, primarily located in urban centers and select secondary markets across Canada. The REIT’s tenant base is predominantly composed of government and credit-rated entities, providing a reliable income stream and contributing to the stability of its distributions.

The consistent monthly distribution of $0.0575 per unit reflects True North’s commitment to delivering value to its investors through stable and predictable income. The REIT’s focus on high-quality tenants and strategic property locations positions it well to navigate the evolving commercial real estate landscape in Canada.

For more information on True North Commercial REIT and its investment offerings, investors can visit the REIT’s official website or consult financial news outlets for the latest updates.