Business
BTB Announces its Distribution for the Month of May 2023
BTB Announces its Distribution for the Month of May 2023 Canada NewsWire MONT...
About this update from Btb Real Estate Investment Trust
[{"type":"text","content":"\n \n \n \n BTB Announces its Distribution for the Month of May 2023\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 \n MONTRÉAL\n \n ,\n \n \n May 11, 2023\n \n \n /CNW/ - 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 May 2023\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 on\n \n June 15\n \n \n th\n \n , 2023, to unitholders of record on\n \n May 31\n \n \n st\n \n , 2023.\n \n \n \n \n \n \n \n \n \n About BTB\n \n \n 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\n \n Canada\n \n for the benefit of their investors. As of today, BTB owns and manages\n \n 75 properties\n \n , representing a total leasable area of approximately\n \n 6.1 million\n \n square feet.\n \n \n \n People and their stories are at the heart of our success.\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 \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/May2023/11/c3727.html\n \n \n \n \n\n","length":4434,"tagName":"div"}]