BTB Real Estate Investment Trust T.BTB.DB.G

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

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.

TSX:BTB.DB.G - Post by User

BTB Real Estate Investment Trust > Dividend adjustment

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Comment by Scotch12on Mar 15, 2021 11:41am

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Post# 32798726

RE:RE:RE:RE:RE:RE:Dividend adjustment

My recollection was that the main reason the AFFO was so high the last few years was because they were constantly selling properties and upgrading them with new ones. This led to significant periods where they had cash on hand that was not bringing in any return. It seemed like they started to turn the corner at the end of 2019 and then of course Covid came along with the economic consequences. That being said It has always had above average debt.

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