BTB Real Estate Investment Trust
Capital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.Company Description
- CEO
- Michel Léonard
- Full Time Employees
- 70
- Sector
- Finance
- Industry
- Real estate investment trusts
- Address
- 1411 Crescent Street Montréal QC Canada H3G 2B3
- IPO Date
- Oct 3, 2006
- Website
- btbreit.com
- Similar Companies
- Business
- BTB Real Estate Investment Trust (TSX: BTB-UN) owns and manages a diversified portfolio of industrial, suburban office, and necessity-based retail properties across Canada; the portfolio totals 73 properties with approximately 6.1 million square feet of leasable area, emphasizing high-occupancy assets, BOMA BEST certification on 37% of eligible space, and LEED certification on four buildings. Founded in 2006 and headquartered in Montreal, Quebec, BTB focuses on generating stable monthly cash distributions to unitholders through rental income primarily from its three operating segments, with suburban office contributing the majority of revenue; it targets eastern Canada while operating nationally, serving tenants such as BBA, Gallagher, and national retailers via long-term leases. Recent developments include the completion of its inaugural ground-up development, the Winners/HomeSense store in Lévis set to commence operations in February 2025 on schedule and within budget; redemption of Series G debentures totaling $24 million in 2024 and Series H convertible debentures via Series I unsecured subordinated debentures issued in February 2025 at 7.25% interest; resilient Q3 2025 operational performance with 14.5% lease renewal spreads and rental income growth; and acknowledgment of a revised takeover offer from Ewing Morris Fleetwood LP at $4.10 per unit expiring October 15, 2025, with no board recommendation.
Company News
BTB Real Estate Investment Trust Q2 Earnings Call Highlights
BTB Real Estate Investment Trust Q1 Earnings Call Highlights
BTB Real Estate Investment Trust (BTB.UN:CA) Q1 2026 Earnings Call Transcript
BTB Real Estate Investment Trust (BTB.UN:CA) Q4 2025 Earnings Call Transcript
BTB Real Estate Investment Trust (BTB.UN:CA) Q3 2025 Earnings Call Transcript
Ewing Morris Announces Successful Completion of its Offer for Units of BTB Real Estate Investment Trust
Ewing Morris Announces Best and Final Revised All-Cash Offer to Acquire up to 8,000,000 Units of BTB Real Estate Investment Trust
Ewing Morris Announces Premium All-Cash Offer to Acquire Units of BTB Real Estate Investment Trust
BTB Real Estate Investment Trust (BTBIF) Q2 2025 Earnings Call Transcript
BTB Real Estate Investment Trust (BTBIF) Q1 2025 Earnings Call Transcript
BTB REIT: A Look At The 7.25% Debentures
BTB Real Estate Investment Trust (BTBIF) Q4 2024 Earnings Call Transcript
BTB REIT: High Yielder Is Convincing Skeptics
BTB Real Estate Investment Trust (BTBIF) Q3 2024 Earnings Call Transcript
BTB REIT: Solid Performance From 9.5% Yielder
BTB REIT: 9% Yielder Hits Our Price Target (Rating Downgrade)
BTB Real Estate Investment Trust (BTBIF) Q1 2024 Earnings Call Transcript
BTB REIT: 10% Yield And Modest Upside
BTB Real Estate Investment Trust (BTBIF) Q4 2023 Earnings Call Transcript
BTB REIT: Debentures Offer Low Risk Play For A 10% Yield (Rating Upgrade)