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

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

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 > Stocks in Play :>O

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Post by TimeBuilderon Jan 07, 2022 3:16pm

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Stocks in Play :>O

Stocks in play: BTB Real Estate Investment Trust

Baystreet.ca - Baystreet - Thu Jan 6, 8:38AM CST

Has concluded the acquisition of 9 high-quality industrial properties and one office property located in Edmonton, Alberta and in Saskatoon, Saskatchewan for an aggregate purchase price of $94 million excluding transaction costs. This Acquisition further increases BTB's exposure to the industrial sector whilst also enabling the REIT to broaden its geographic presence within Canada, in a disciplined manner. BTB Real Estate Investment Trust shares T.BTB.UN are trading unchanged at $4.05.

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