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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

Post by dileas48son Sep 30, 2021 10:25am
421 Views
Post# 33943172

Share Price Recovery is stalled

Share Price Recovery is stalledI'm curious what others think here.

I bought in with an overall average of $4.15 so I'n not lining up to sell any time soon, but part of my investment thesis was the idea that over time this would slowly crawl back up to something close to Pre-Covid.  My original plan was to consider selling some or all of my position around the $5 mark.

It would seem that the market is assuming that BTB is not going to achieve sufficient occupancy or rent collection to justify a rise in share price (for now anyway).  Given how much of the space is office space that is perhaps a legitimate concern - or is it?

What do you all think?

I sure like the dividend, but it is ROC, so there are pros and cons to that (and a little over half my position is in my non-registered account).  
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