BTB Real Estate Investment Trust T.BTB.DB.H

Alternate Symbol(s): BTBIF | T.BTB.UN

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 > Question - Rise in Value of Industrial Portfolio FY22->FY23

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Comment by b919191on Nov 02, 2024 7:06pm

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Post# 36293959

RE:RE:RE:RE:RE:RE:Question - Rise in Value of Industrial Portfolio FY22->FY23

And just to be clear, BTB only purchased 2 industrial properties in 2023 (actually only 2 in total, including office and retail)

and these 2 properties were purchased with a combined value at purchase of $36mn including one in Mirabel in February 2023 just outside Montreal, representing 80% of that...

so how would that Mirabel property have increased in value so much in less than a year, from February to December?

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