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BTB Announces its Distribution for the Month of August 2022

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MONTREAL, Aug. 4, 2022 /CNW/ -  BTB Real Estate Investment Trust (TSX: BTB.UN) ("BTB" or the "REIT") announced today that the monthly cash distribution for the month of August 2022 is $0.025 per unit, representing $0.30 per unit on an annualized basis. The cash distribution will be paid on September 15th, 2022, to unitholders of record on August 31st, 2022.

BTB Logo (CNW Group/BTB Real Estate Investment Trust)
BTB Logo (CNW Group/BTB Real Estate Investment Trust)

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 5.8 million square feet and a total asset value that surpasses $1.18 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

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View original content to download multimedia: http://www.newswire.ca/en/releases/archive/August2022/04/c7132.html