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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 apollojeticon Mar 22, 2022 10:18am
261 Views
Post# 34534179

RE:Not a big deal

RE:Not a big dealKeep in mind that the safe dividend was reduced about 30% two years ago. So based on that it should be much safer now going forward. But that reduction was an eye opener as to the strength of the reit and it's cash flows during an unprecedented crisis. The share price has not recovered from that, but if you have been adding along the way at lower prices as I have you've done fine.

Will we get back to $5.00 again. It's possible but with interest rates on the rise it may be a tall order for this year.

So for now, in a rising rate scenario the great yield is a good buffer. We just have to keep an eye on upcoming debt maturities and as they but new properties interest rates will be higher.

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