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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Post by AvInvestoron May 15, 2020 3:33pm

308 Views

Post# 31035443

The inconvenient truth

My intentions are not to gloat, as I feel bad for investors that lost money.

I stand by my earlier comments from last month. Management and the board of this company are a bunch of jokers that have little regard for the shareholders. Their portfolio is generally a mish mash of poor quality assets, with the exception of a few good properties that they overpaid for. The balance sheet is very poor and have little to no liquidity left.

They will have to sell assets at a discount in order to further improve their financial outlook.

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