BTB Real Estate Investment Trust BTBIF

Primary Symbol: T.BTB.DB.G Alternate Symbol(s): T.BTB.UN | T.BTB.DB.H

Real Estate REIT - Diversified

BTB Real Estate Investment Trust (the Trust) is a Canada-based real estate investment trust (REIT). The Trust’s primary objective is to maximize total return to unitholders, to generate stable monthly cash distributions that are reliable and fiscally beneficial to unitholders, to grow the Trust’s assets through internal growth and accretive acquisitions, and optimize the value of its assets through dynamic management of its properties to maximize their long-term value. The Trust invests in industrial, off-downtown core office and necessity-based commercial properties across Canada for the benefit of its investors. The Trust owns and manages approximately 75 properties, representing a total leasable area of approximately 6.1 million square feet. The Trust operates through three segments, which include Industrial, Off downtown core office and Necessity-based retail. The Trust’s operations are located in the provinces of Quebec, Ontario, Alberta and Saskatchewan.

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BTB Real Estate Investment Trust > Is this REIT going to be a PRV or HOT.UN

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Comment by ScroogeMcDuck1on Feb 04, 2024 10:59am

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Post# 35861852

RE:Is this REIT going to be a PRV or HOT.UN

Im very interested too. I looked at their reports yesterday. Nav $5.50 and payout ratio around 75% if I remember correctly. Latest report show interest expense going up and rents going up and occupancy stable. Inthink a bunch of debt comes due this year. I would like someone smarter than me to crunch numbers. But they seem to have some good things going on. There was talk of residential on some property densification. Might have also had a bunch of insider buys.

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