Business
BTB Announces its Distribution for the Month of March 2022
BTB Announces its Distribution for the Month of March 2022 Canada NewsWire ...
About this update from Btb Real Estate Investment Trust
[{"type":"text","content":"\n \n \n \n BTB Announces its Distribution for the Month of March 2022\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n MONTRÉAL,\n \n March 10, 2022\n \n /CNW Telbec/ - BTB Real Estate Investment Trust (TSX: BTB.UN) (\"\n \n BTB\n \n \" or the \"\n \n REIT\n \n \") announced today that the monthly cash distribution for the month of\n \n March 2022\n \n is\n \n \n $0.025\n \n \n per unit, representing\n \n \n $0.30\n \n \n per unit on an annualized basis. The cash distribution will be paid\n \n April 18\n \n \n th\n \n , 2022, to unitholders of record on\n \n March 31\n \n \n st\n \n , 2022.\n \n \n \n \n \n \n \n \n \n \n ABOUT BTB\n \n \n \n BTB is a real estate investment trust listed on the Toronto Stock Exchange. BTB is a property owner active in eastern and western\n \n Canada\n \n and owns\n \n 73\n \n properties, representing a total leasable area of approximately\n \n 5.7 million\n \n square feet and a total asset value that surpasses\n \n \n $1.1 billion\n \n .\n \n \n \n \n BTB'S OBJECTIVES\n \n \n \n \n Generate stable monthly cash distributions that are reliable and fiscally beneficial to unitholders.\n \n \n \n \n Grow the Trust's assets through internal growth and accretive acquisitions to fund distributions.\n \n \n \n \n Optimize the value of its assets through dynamic management of its properties in order to maximize the long-term value of its properties.\n \n \n \n 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%.\n \n \n For more detailed information, visit BTB's website at\n \n www.btbreit.com.\n \n \n \n \n \n SOURCE BTB Real Estate Investment Trust\n \n \n \n \n \n \n View original content to download multimedia:\n \n http://www.newswire.ca/en/releases/archive/March2022/10/c2800.html\n \n \n \n \n\n"...