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

Alternate Symbol(s): BTBIF | 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.H - Post by User

BTB Real Estate Investment Trust

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Comment by Jimpossibleon Jan 24, 2010 6:24pm

325 Views

Post# 16713217

RE: RE: BUYOUT

I think the book value of the units, in their balance sheet, is in the neighborhood of $1.50ish. Unless I'm mistaken which I often am ;-)

My cost is about that same price too, so I certainly wouldn't want to settle for less. I have too many units to take that loss..... Meanwhile, the market has been recovering.

Imo the fact that Cominar is interested at all, confirms the high quality of Btb's properties.

Interesting that management hasn't said anything.

I think (only my opinion) as the market continues to improve, they will ramp the distribution up slightly.

Jim

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