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BTB Will Announce Its 2020 Second Quarter Financial Results on Friday, August 14th, 2020

BTB Will Announce Its 2020 Second Quarter Financial Results on Friday, August 14th, 2020

Montréal (Québec) July 14th, 2020: BTB Real Estate Investment Trust (TSX: BTB.UN) (“BTB or the “REITannounced today that it will release its financial results for the second quarter 2020 (Q2 2020), on FridayAugust 14th, 2020, before the opening of the Toronto stock market. 

Management will hold a conference call on FridayAugust 14th, 2020 at 10 am, Eastern Standard Time, to present BTB’s financial results and performance for the first quarter of 2020.  

DATE: FridayAugust 14th, 2020  

TIME :10 am, EST 

DIAL : Toronto and over-seas: 1-416-764-8688  

North America (toll free): 1-888-390-0546 

WEB BROADCASTING :  https://produceredition.webcasts.com/starthere.jsp?ei=1345733&tp_key=d33ddf8140 

PLAYBACK?: From FridayAugust 14th, 2020 at 1 pm, to 11:59 pm on August 21st, 2020 by dialing: 1-416-467-8677 (local) or 1-888-390-0541 (toll free) and by dialing the following reference number720763 # 

The media and all interested parties may attend the call-in listening mode only.  

Conference call operators will coordinate the question and answer period (from analysts only) and will instruct participants regarding the procedures during the call.  

BTB AS AT JULY 14th, 2020 

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 14th2020, BTB owns 64 retail, office, and industrial properties for a total leasable area of approximately 5.3 million square feet and an approximate total asset value of approximately of $930M. 

BTB’S OBJECTIVES 

  1. Generate stable monthly cash distributions that are reliable and fiscally beneficial to unitholders; 
  2. Grow the Trust’s assets through internal growth and accretive acquisitions in order to increase distributable income and therefore refund distributions; 
  3. Optimize the value of its assets through the dynamic management of its properties in order to maximize the long-term value of its properties and therefore, its units.  

BTB offers distribution reinvestment plan to unitholders whereby the participants may elect to have their monthly cash distribution reinvested in additional units of BTB at 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 QUESTIONS: 

Mr. Michel Léonard, President and Chief Executive Officer
(T) 514-286-0188 x228
(E) mleonard@btbreit.com  

Mr. Mathieu BoltéChief Financial Officer 
(T) 514-286-0188 x244
(E) mbolte@btbreit.com