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 AvInvestoron Apr 23, 2020 10:18am

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Post# 30944151

RE:RE:RE:Poor quality properties & management

Talk about someone who would just saying anything! Could you provide everyone here with a reasonable explanation for their precarious financial state?

(Previous post)

At the end of 2019, BTB had ~$11M of available liquidity (~$2 mln in cash), with 2020 debt maturities and principal repayments of $127M. Liquidity now stands at $-116M!!! Lenders will most certainly impose strict financing conditions.

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