19 Apr BTB will announce its 2018 first quarter financial results on Tuesday, May 8, 2018
Montréal, Québec (April 18, 2018): BTB Real Estate Investment Trust (TSX: BTB.UN) (“BTB”) announced today that it will release its financial results for the first quarter 2018, on Tuesday, May 8, 2018, after closing of the markets.
On Wednesday, May 9, 2018, at 10:00 a.m. (ET) management will hold a conference call to present BTB’s financial results and performance for the first quarter 2018 ended on March 31, 2018:
DATE: Wednesday, May 9, 2018
TIME: 10:00 a.m. (Eastern Standard Time)
DIAL: 1-647-427-7450 (from Toronto and overseas) access code 9985068# 1?888?231-8191 (from North America) toll free, access code 9985068#. To ensure your participation, please dial in fifteen minutes prior to the start of the conference call.
REPLAY: From Wednesday, May 9, 2018, 1:00 p.m. until 11:59 p.m. on May 16, 2018, dial 1?416?849?0833 conference ID number 9985068#, or dial toll free 1?855?859-2056 conference ID number 9985068#.
The media and all interested parties may attend the call in listening mode only.
Conference call operators will coordinate the question and answer period, and will instruct participants regarding the procedures for the call.
BTB is a real estate investment trust listed on the Toronto Stock Exchange. BTB is an important owner of properties in eastern Canada. Today, BTB owns 71 commercial, office and industrial properties for a total leasable area of more than 5.4 million square feet. BTB’s assets value is approximately $760M. The objectives of BTB are: i) to grow its revenues from its assets to increase distributable income and therefore fund distributions; (ii) to maximize the value of its assets through dynamic management of its properties in order to sustain the long-term value of its units; and (iii) to generate cash distributions that are fiscally beneficial to unitholders.
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%.
For further information, please contact:
|Mr. Michel Léonard
President and Chief Executive Officer
514-286-0188, ext. 228
|Mr. Benoit Cyr
Vice President and Chief Financial Officer
514-286-0188, ext. 230