MONTRÉAL, March 13,
2024 /CNW/ - BTB Real Estate Investment Trust (TSX:
BTB.UN) ("BTB" or the "REIT") announced today that
the monthly cash distribution for the month of March 2024 is $0.025 per unit, representing $0.30 per unit on an annualized basis. The
cash distribution will be paid on April
15th, 2024, to unitholders of record on
March 29th, 2024.
About BTB
BTB is a real estate investment trust listed on the Toronto
Stock Exchange. BTB REIT invests in industrial, off-downtown core
office and necessity-based retail properties across Canada for the benefit of their investors. As
of today, BTB owns and manages 75 properties, representing a
total leasable area of approximately 6.1 million square
feet.
People and their stories are at the heart of our
success.
BTB offers a distribution reinvestment plan to unitholders
whereby the participants may elect to have their monthly cash
distribution reinvested in additional units of BTB at a price based
on the weighted average price for BTB's Units on the Toronto Stock
Exchange for the five trading days immediately preceding the
distribution date, discounted by 3%.
For more detailed information, visit BTB's website at
www.btbreit.com.
SOURCE BTB Real Estate Investment Trust