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

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

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

Comment by Dibah42on Oct 07, 2020 2:35pm
178 Views
Post# 31681097

RE:Property SOLD NR = copy

RE:Property SOLD NR = copyNot a bad price given the 54% occupancy and location (Ahuntsic) not the most chich.  Plus the trend to work from home doesn't bode well for office properties.
On the other hand the residential market is the hottest I've seen since 1976.

https://montreal.ctvnews.ca/montreal-remains-a-real-estate-sellers-market-as-sales-break-records-in-august-1.5094576
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