MONTRÉAL, Oct. 11,
2022 /CNW Telbec/ - BTB Real Estate Investment Trust
(TSX: BTB.UN) ("BTB" or the "REIT") announces today
that the monthly cash distribution for the month of October 2022 is $0.025 per unit, representing $0.30 per unit on an annualized basis. The
cash distribution will be paid on November
15th, 2022, to unitholders of record on
October 31st, 2022.
About BTB
BTB is a real estate investment trust listed on the Toronto
Stock Exchange. BTB is a property owner active in Canada and owns 75 properties,
representing a total leasable area of approximately 5.9
million square feet and a total asset value that surpasses
$1.2 billion.
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 more detailed information, visit BTB's website at
www.btbreit.com.
SOURCE BTB Real Estate Investment Trust