Stocks in play: BTB Real Estate Investment Trust

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.