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.

TSX:BTB.DB.H - Post by User

BTB Real Estate Investment Trust > BTB REIT Announces the Acquisition of an Industrial Property

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Comment by SNAKEYBOYon May 03, 2023 8:42pm

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Post# 35428970

RE:BTB REIT Announces the Acquisition of an Industrial Property

Or they could have accepted the shares with the intention of selling in thus realizing 70% of the value that BTB wouldnt pay in cash, only shares, if they got a good price for it. Also why pay a distribution on 550k shares, thats 8%, is it better than the cap rate?

I dont know how great the deal is but if it improves AFFO/share it might be ok

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