12 Dec BTB acquires an additional 50% participation in a retail complex
Montréal, Québec (December 12, 2013): BTB Real Estate Investment Trust (TSX: BTB.UN) (“BTB” or the “REIT”) is announcing that it has purchased an additional 50% participation in a retail complex located in Saint-Lazare, Québec, for the purchase price of $2.5 million, excluding closing costs.
2665, 2673 and 2681 Côte Saint-Charles, Saint-Lazare, Québec
BTB already owns 50% of this retail complex and acquired the remaining 50% interest. Consequently, BTB now owns 100% of this retail complex. Some of the tenants include Sobeys, Tim Hortons and A&W.
For more information, please contact:
|Mr. Michel Léonard
President and Chief Executive Officer
514-286-0188, ext. 228