16 Jul BTB will announce its 2018 second quarter financial results on Tuesday, August 7, 2018
Montréal, Québec (July 16, 2018): BTB Real Estate Investment Trust (TSX: BTB.UN) (“BTB”) announced today that it will release its financial results for the second quarter 2018, on Tuesday, August 7, 2018, after closing of the markets.
On Wednesday, August 8, 2018, at 10:00 a.m. (ET) management will hold a conference call to present BTB’s financial results and performance for the second quarter 2018 ended on June 30, 2018:
DATE: Wednesday, August 8, 2018
TIME: 10:00 a.m. (Eastern Standard Time)
DIAL: 1-416-764-8609 (from Toronto and overseas) access code 77958609# 1-888-390-0605 (from North America) toll free, access code 77958609#. To ensure your participation, please dial in fifteen minutes prior to the start of the conference call.
REPLAY: From August 8, 2018, 1:00 p.m. until 11:59 p.m. on August 15, 2018, dial 1-416-764-8677 conference ID number 958609#, or dial toll free 1-888-390-0541 conference ID number 958609#.
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 72 commercial, office and industrial properties for a total leasable area of more than 5.4 million square feet. BTB’s assets value is approximately $790M. 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