TUERF - True North Commercial Real Estate Investment Trust

True North Commercial Real Estate Investment Trust

3280 Bloor Street West
Suite 1400, Centre Tower
Toronto, ON M8X 2X3
Canada
(416) 234-8444
https://www.truenorthreit.com

Sector(s): Real Estate
Industry: REIT—Office
Full Time Employees: 

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Daniel Drimmer Cook	Chairman & CEO	N/A	N/A	1973
Ms. Tracy C. Sherren C.A., CPA, CA, CPA	Pres, CFO, Company Sec. & Trustee	578.48k	N/A	1966

Amounts are as of December 31, 2022 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

The REIT is an unincorporated, open-ended real estate investment trust established under the laws of the Province of Ontario. The REIT currently owns and operates a portfolio of 46 commercial properties consisting of approximately 5.0 million square feet in urban and select strategic secondary markets across Canada focusing on long term leases with government and credit rated tenants. The REIT is focused on growing its portfolio principally through acquisitions across Canada and such other jurisdictions where opportunities exist.

Corporate Governance

True North Commercial Real Estate Investment Trust’s ISS Governance QualityScore as of May 1, 2023 is 8. The pillar scores are Audit: 5; Board: 6; Shareholder Rights: 9; Compensation: 9.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.