Company BTB Real Estate Investment Trust

Equities

BTB.UN

CA11777P3007

Commercial REITs

Delayed Toronto S.E. 03:37:20 2024-04-19 pm EDT 5-day change 1st Jan Change
3.145 CAD -0.16% Intraday chart for BTB Real Estate Investment Trust -0.16% +7.34%

Business Summary

BTB Real Estate Investment Trust (the Trust) is a Canada-based real estate investment trust (REIT). The Trust’s primary objective is to maximize total return to unitholders, to generate stable monthly cash distributions that are reliable and fiscally beneficial to unitholders, to grow the Trust’s assets through internal growth and accretive acquisitions, and optimize the value of its assets through dynamic management of its properties to maximize their long-term value. The Trust invests in industrial, off-downtown core office and necessity-based commercial properties across Canada for the benefit of its investors. The Trust owns and manages approximately 75 properties, representing a total leasable area of approximately 6.1 million square feet. The Trust operates through three segments, which include Industrial, Off downtown core office and Necessity-based retail. The Trust’s operations are located in the provinces of Quebec, Ontario, Alberta and Saskatchewan.

Number of employees: 74

Sales per Business

CAD in Million2022Weight2023Weight Delta
Off- Downtown Core Office
51.6 %
69 57.6 % 66 51.6 % -4.14%
Industrial
25.6 %
23 19.2 % 33 25.6 % +42.65%
Necessity Based Retail
22.8 %
28 23.3 % 29 22.8 % +5.07%

Sales per region

CAD in Million2022Weight2023Weight Delta
Canada
100.0 %
119 100.0 % 128 100.0 % +6.97%

Managers

Managers TitleAgeSince
Founder 66 06-07-11
Chief Tech/Sci/R&D Officer - 21-03-31
Investor Relations Contact - 22-06-30
Comptroller/Controller/Auditor - -
Human Resources Officer - 21-02-28

Members of the board

Members of the board TitleAgeSince
Chairman 77 06-07-11
Director/Board Member 81 10-09-22
Director/Board Member 73 07-06-30
Director/Board Member 64 14-06-16
Founder 66 06-07-11
Director/Board Member 72 14-06-16
Director/Board Member 66 16-06-13
Director/Board Member 67 23-06-14
Director/Board Member 71 21-09-30

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 86,940,067 85,547,364 ( 98.40 %) 0 98.40 %

Shareholders

NameEquities%Valuation
1,229,944 1.429 % 3 M $
Avenue Investment Management, Inc.
0.2127 %
183,000 0.2127 % 430 050 $
108,949 0.1266 % 256 030 $
First Asset Investment Management, Inc.
0.1079 %
92,800 0.1079 % 218 080 $
Morguard Investments Ltd.
0.0988 %
85,000 0.0988 % 199 750 $
84,115 0.0978 % 197 670 $
80,908 0.0940 % 190 134 $
72,389 0.0841 % 170 114 $
Luc Martin
0.0581 %
50,000 0.0581 % 117 500 $
33,989 0.0395 % 79 874 $

Company contact information

BTB Real Estate Investment Trust

1411 Crescent Street Suite 300

H3G 2B3, Montréal

+

http://www.btbreit.com
address BTB Real Estate Investment Trust(BTB.UN)

Sales per Business

Trading Rating
Investor Rating
ESG Refinitiv
D
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
4
Last Close Price
3.15 CAD
Average target price
3.35 CAD
Spread / Average Target
+6.35%
Consensus

Chiffre d''affaires - Rate of surprise

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