REIT - Office Industry | Real Estate Sector | Mr. Michel Leonard CEO | OTC PINK Exchange | - ISIN |
Canada Country | 81 Employees | 16 Dec 2024 Last Dividend | 7 Jun 2012 Last Split | - IPO Date |
BTB is a recognized real estate investment trust (REIT) that operates within the Canadian market, focusing on property ownership and management. Officially listed on the Toronto Stock Exchange, BTB's portfolio boasts a total of 77 properties, covering an expansive leasable area of approximately 6.1 million square feet. The value of BTB's assets significantly exceeds $1.2 billion, reflecting its substantial presence and influence in the real estate sector. Catering to a wide range of sectors, BTB's real estate assets are diversified, encompassing various types of properties. This positions BTB as a vital player in the Canadian real estate investment landscape, committed to growth and value addition for its unitholders.
This program offers an attractive option for unitholders of BTB, enabling them to have their monthly cash distributions automatically reinvested in additional units of BTB. The reinvestment is executed at a favorable rate, set at a 3% discount to the weighted average price of BTB's Units on the Toronto Stock Exchange for the five days leading up to the distribution date. This plan not only facilitates the growth of an investor's stake in the company over time but also compounds the capital appreciation potential of their investment. It stands as a proactive approach for investors looking to increase their holdings and leverage their monthly dividends for potential future gains.