17 Jul BTB will announce its 2019 second quarter financial results on Tuesday, August 13, 2019
Montréal, Québec (July 17, 2019): BTB Real Estate Investment Trust (TSX: BTB.UN) (“BTB”) has announced that it will release its financial results for the second quarter 2019, on Tuesday, August 13, 2019, after the closing of the markets.
On Wednesday, August 14, 2019, at 10:00 a.m. (ET) management will hold a conference call to present BTB’s financial results and performance for the second quarter 2019 ended on June 30, 2019:
DATE: Wednesday, August 14, 2019
TIME: 10:00 a.m. (Eastern Standard Time)
DIAL: 1-416-764-8609 (from Toronto and overseas) access code 09826423# 1-888-390-0605 (from North America toll free), access code 09826423#. To ensure your participation, please dial in fifteen minutes prior to the start of the conference call.
REPLAY: From Wednesday, August 14, 2019, 1:00 p.m. until 11:59 p.m. on August 21, 2019, dial 1-416-764-8677 conference ID number 826423#, or dial toll free 1-888-390-0541 conference ID number 826423#.
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. As at July 17, 2019, BTB owns 67 commercial, office and industrial properties for a total leasable area of approximately 5.7 million square feet and an approximate market value of $900M. 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