Canada NewsWire
MONTRÉAL , Sept. 8, 2025 /CNW/ - BTB Real Estate Investment Trust (TSX: BTB.UN) (" BTB ", the " REIT " or the " Trust ") wishes to update unitholders regarding the mini-tender offer by Ewing Morris & Co. Investment Partners Ltd. (" Ewing Morris ") to acquire up to 8,000,000 units of BTB (" Units ") at a price of $3.80 per Unit. The mini-tender expires at 5:00 p.m. (Eastern Standard Time) on September 30, 2025 .
The BTB Board of Trustees (the " Board "), after consultation with its legal and financial advisors, has unanimously determined to make NO RECOMMENDATION as to whether unitholders should accept or reject the mini-tender.
The Board encourages unitholders to make their own decisions regarding whether or not to accept the mini tender, and to consult their financial and tax advisors before making a decision.
No unitholder is required to accept or tender their units to the mini-tender. A unitholder is entitled to do nothing and not accept the mini-tender.
BTB is not associated with Ewing Morris and makes no recommendation as to whether unitholders should tender their units in response to the offer.
About BTB
BTB is a real estate investment trust listed on the Toronto Stock Exchange. BTB invests in industrial, suburban office and necessity-based retail properties across Canada for the benefit of their investors. As of today, BTB owns and manages 73 properties , representing a total leasable area of approximately 6.1 million square feet .
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SOURCE BTB Real Estate Investment Trust
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