{"id":397275,"date":"2020-12-10T08:04:09","date_gmt":"2020-12-10T13:04:09","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=397275"},"modified":"2020-12-10T08:04:09","modified_gmt":"2020-12-10T13:04:09","slug":"btb-announces-its-distribution-for-the-month-of-december-2020","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/btb-announces-its-distribution-for-the-month-of-december-2020\/","title":{"rendered":"BTB Announces its Distribution for the Month of December 2020"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">Canada NewsWire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>MONTR\u00c9AL, <span class=\"xn-chron\">Dec. 10, 2020<\/span> \/CNW Telbec\/ &#8211;\u00a0BTB Real Estate Investment Trust (TSX: BTB.UN) (&#8220;<b>BTB<\/b>&#8221; or the &#8220;<b>REIT<\/b>&#8220;) announced today that the monthly cash distribution for the month of <span class=\"xn-chron\">December 2020<\/span> is <b><span class=\"xn-money\">$0.025<\/span><\/b>per unit, representing <b><span class=\"xn-money\">$0.30<\/span><\/b>per unit on an annualized basis. The cash distribution will be paid <span class=\"xn-chron\">January 15<\/span><sup>th<\/sup>, 2021 to unitholders of record on <span class=\"xn-chron\">December 31<\/span><sup>st<\/sup>, 2020.<\/p>\n<p>\n        <b>ABOUT BTB<\/b>\n      <\/p>\n<p>BTB is a real estate investment trust listed on the Toronto Stock Exchange. BTB is an important owner of properties in eastern <span class=\"xn-location\">Canada<\/span>. As at <span class=\"xn-chron\">December 10<\/span><sup>th<\/sup>, 2020 BTB owns 64 retail, office, and industrial properties for a total leasable area of approximately 5.3 million square feet and an approximate total asset value as of <span class=\"xn-chron\">September 30<\/span><sup>th<\/sup>, 2020 of approximately of <span class=\"xn-money\">$946M<\/span>.<\/p>\n<p>\n        <b>BTB&#8217;S OBJECTIVES<\/b>\n      <\/p>\n<ol type=\"1\">\n<li>Generate stable monthly cash distributions that\u00a0are reliable and fiscally beneficial to unitholders;<\/li>\n<li>Grow the Trust&#8217;s assets through internal growth and accretive acquisitions in order to increase distributable income and therefore refund\u00a0distributions;<\/li>\n<li>Optimize the value of its assets through the dynamic management of its properties in order to maximize the long-term value of its properties and\u00a0therefore, its units. <\/li>\n<\/ol>\n<p>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&#8217;s Units on the Toronto Stock Exchange for the five trading days immediately preceding the distribution date, discounted by\u00a03%.<\/p>\n<p>For more detailed information, visit BTB&#8217;s website at <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3007610-1&amp;h=1369659319&amp;u=http%3A%2F%2Fwww.btbreit.com%2F&amp;a=www.btbreit.com.\" rel=\"nofollow noopener noreferrer\">www.btbreit.com.<\/a><\/p>\n<p>SOURCE  BTB Real Estate Investment Trust<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=C9256&amp;Transmission_Id=202012100800CANADANWWEB______C9256&amp;DateId=20201210\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Canada NewsWire MONTR\u00c9AL, Dec. 10, 2020 \/CNW Telbec\/ &#8211;\u00a0BTB Real Estate Investment Trust (TSX: BTB.UN) (&#8220;BTB&#8221; or the &#8220;REIT&#8220;) announced today that the monthly cash distribution for the month of December 2020 is $0.025per unit, representing $0.30per unit on an annualized basis. The cash distribution will be paid January 15th, 2021 to unitholders of record on December 31st, 2020. ABOUT BTB BTB is a real estate investment trust listed on the Toronto Stock Exchange. BTB is an important owner of properties in eastern Canada. As at December 10th, 2020 BTB owns 64 retail, office, and industrial properties for a total leasable area of approximately 5.3 million square feet and an approximate total asset value as of September 30th, 2020 of &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/btb-announces-its-distribution-for-the-month-of-december-2020\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;BTB Announces its Distribution for the Month of December 2020&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-397275","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>BTB Announces its Distribution for the Month of December 2020 - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/btb-announces-its-distribution-for-the-month-of-december-2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BTB Announces its Distribution for the Month of December 2020 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Canada NewsWire MONTR\u00c9AL, Dec. 10, 2020 \/CNW Telbec\/ &#8211;\u00a0BTB Real Estate Investment Trust (TSX: BTB.UN) (&#8220;BTB&#8221; or the &#8220;REIT&#8220;) announced today that the monthly cash distribution for the month of December 2020 is $0.025per unit, representing $0.30per unit on an annualized basis. The cash distribution will be paid January 15th, 2021 to unitholders of record on December 31st, 2020. ABOUT BTB BTB is a real estate investment trust listed on the Toronto Stock Exchange. BTB is an important owner of properties in eastern Canada. As at December 10th, 2020 BTB owns 64 retail, office, and industrial properties for a total leasable area of approximately 5.3 million square feet and an approximate total asset value as of September 30th, 2020 of &hellip; Continue reading &quot;BTB Announces its Distribution for the Month of December 2020&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/btb-announces-its-distribution-for-the-month-of-december-2020\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-10T13:04:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=C9256&amp;Transmission_Id=202012100800CANADANWWEB______C9256&amp;DateId=20201210\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/btb-announces-its-distribution-for-the-month-of-december-2020\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/btb-announces-its-distribution-for-the-month-of-december-2020\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"BTB Announces its Distribution for the Month of December 2020\",\"datePublished\":\"2020-12-10T13:04:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/btb-announces-its-distribution-for-the-month-of-december-2020\\\/\"},\"wordCount\":259,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/btb-announces-its-distribution-for-the-month-of-december-2020\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/rt.prnewswire.com\\\/rt.gif?NewsItemId=C9256&amp;Transmission_Id=202012100800CANADANWWEB______C9256&amp;DateId=20201210\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/btb-announces-its-distribution-for-the-month-of-december-2020\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/btb-announces-its-distribution-for-the-month-of-december-2020\\\/\",\"name\":\"BTB Announces its Distribution for the Month of December 2020 - 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The cash distribution will be paid January 15th, 2021 to unitholders of record on December 31st, 2020. ABOUT BTB BTB is a real estate investment trust listed on the Toronto Stock Exchange. BTB is an important owner of properties in eastern Canada. 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