MONTRÃAL, Oct. 12, 2016 /CNW Telbec/ – BTB Real Estate Investment Trust (TSX: BTB.UN) (“BTB”) announces that it will release its financial results for the third quarter 2016, on Monday, November 7, 2016, after closing of the markets.
On Tuesday, November 8, 2016, at 10:00 a.m. (ET) management will hold a conference call to present BTB’s financial results and performance for the third quarter ended September 30, 2016:
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DATE: |
Tuesday, November 8, 2016 |
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TIME: |
10:00 a.m. (Eastern Standard Time) |
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DIAL: |
1-647-427-7450 (from Toronto and overseas) access code 93433303# or 1â888â231-8191 (from North America) toll free, access code 93433303#. To ensure your participation, please dial in fifteen minutes prior to the start of the conference call. |
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WEBCAST: |
http://event.on24.com/r.htm?e=1281141&s=1&k=A5DB1A13F40E8705382367272D0486CA |
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REPLAY: |
From Tuesday November 8, 2016, 1:00 p.m. until 11:59 p.m. on November 15, 2016, dial 1â416â849â0833 conference ID number 93433303#, or dial toll free 1â855â859-2056 conference ID number 93433303#. |
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.
About BTB
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 5.1 million square feet. BTB’s asset value is approximately $665M. 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%.
SOURCE BTB Real Estate Investment Trust
