Bullboard - Stock Discussion Forum BTB Real Estate Investment Trust T.BTB.DB.G

Alternate Symbol(s): BTBIF | T.BTB.DB.H | 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... see more

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TSX:BTB.DB.G - Post Discussion

BTB Real Estate Investment Trust > Is this REIT going to be a PRV or HOT.UN

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Post by garyreins on Feb 02, 2024 7:42pm

Is this REIT going to be a PRV or HOT.UN

Its sort of in the middle..still high exposure to office (50%) but also 38% industrial. AFFO multiple is 8.5x. Dividend is good. What happens if AFFO > 100% Not sure the market will dig that

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Comment by ScroogeMcDuck1 on Feb 04, 2024 10:59am

Im very interested too. I looked at their reports yesterday. Nav $5.50 and payout ratio around 75% if I remember correctly. Latest report show interest expense going up and rents going up and occupancy stable. Inthink a bunch of debt comes due this year. I would like someone smarter than me to crunch numbers. But they seem to have some good things going on ...more

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