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BTB Real Estate Investment Trust T.BTB.UN


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

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 PressReleaseon May 08, 2023 10:34pm
106 Views
Post# 35437743

New Press Release - Accretive acquisitions concluded in 2022 and strong leasing activities made a notable contribution to the first quarter of 2023. Overall, BTB's rental revenue increased by 13.2% and the net operating income by 17.1% compared to the first quarter of 2022, demonstrating another quarter with solid results.

New Press Release - Accretive acquisitions concluded in 2022 and strong leasing activities made a notable contribution to the first quarter of 2023. Overall, BTB's rental revenue increased by 13.2% and the net operating income by 17.1% compared to the first quarter of 2022, demonstrating another quarter with solid results.
MONTRÉAL, May 8, 2023 /CNW/ - BTB Real Estate Investment Trust (TSX: BTB.UN) ("BTB" or the "REIT") releases today its financial results for the first quarter of 2023, compared to the same period of 2022 and announces the following highlights and information.Rental revenue: Stood at $32.9 million...read article.
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