BTB Real Estate Investment Trust BTBIF

Just wont recover

[rabnud]

man I have have several reits all the same as BTB and BTB just will not recover l;ike all the other have   its just plain weird

[bcsc]

A quick glance at their website suggests one possible reason. Of their 29 retail properties there is available space in 21, and of their 42 office properties there is available space in 29. I'll leave it to you to do the work to figure out the occupancy rates. (or wait for the financials) Also the distribution was cut at the start of the pandemic. A 40% increase is required to bring it back

[Capharnaum]

They had a 92% occupation rate as of Sept 30 2021, so it's hardly surprising that they have room in most of their properties. I don't think this will change materially when they report as of Sept 30th.