BTB Real Estate Investment Trust T.BTB.UN

Primary Symbol: T.BTB.DB.H Alternate Symbol(s): BTBIF

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.

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BTB Real Estate Investment Trust > Btb Real Estate Investment Trust Collected T100% Of RENS!!

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Comment by theinvestor22on Dec 06, 2020 9:31pm

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Post# 32047292

RE:Btb Real Estate Investment Trust Collected T100% Of RENS!!

Not including Q3 with it's much lower distribution, 10 of the past 14 quarters had a diluted AFFO payout ratio of between 100% and 128% so IMHO covid was just the catalyst for the distribution decrease because it was likely going to happen anyway. The company seems to be on a much better footing now. Last Q's payout ratio was 77.3% which is a lot more sustainable and should leave them with sufficient surplus cash flow for either organic growth, debt reduction or unit repurchases.

mountainpose wrote:
Btb Real Estate Investment Trust Says Collected 100% Of Contractual Rent During Critical Months Of May To Aug

Sept 29 (Reuters) - BTB Real Estate Investment Trust BTB.DB.G :

* BTB REAL ESTATE INVESTMENT TRUST - COLLECTED 100% OF CONTRACTUAL RENT DURING CRITICAL MONTHS OF MAY TO AUG
(No reason to not expect the same in this QTR. AND expect the Divendend to be increased back to at least per-Covid levels).

* BTB REAL ESTATE INVESTMENT TRUST - AS OF END OF Q3 2020, HAVE NOT RECEIVED ANY ADDITIONAL NOTICES OF CORPORATE RESTRUCTURING FROM ANY TENANT BASE

Source text for Eikon: Further company coverage: BTB.DB.G