BTBIF News and Press, BTB Real Estate Investment Trust Tr Unit

2024-05-24 17:22:12 ET Summary We had a Buy rating on BTB Real Estate Investment Trust as there was a compelling yield and discount to fair value. Q1 2024 results were strong across the board and the REIT achieved a 94.5% committed occupancy level. We go over why we are downgr...

2024-05-10 23:53:08 ET BTB Real Estate Investment Trust (BTBIF) Q1 2024 Earnings Conference Call May 07, 2024, 09:00 AM ET Company Participants Michel Leonard - President and CEO Bruno Meunier - Vice President of Operations Charles Dorais Bedard - Senior Finance ...

2024-03-12 12:40:23 ET Summary Since our last coverage, BTB Real Estate Investment Trust has done well and has also outperformed H&R REIT by a margin of 14.6%. Q4 2023 showed steady results and the company reported higher AFFO and FFO. We look at the risk factors and tell ...

2023-12-28 10:00:00 ET Summary High leverage and REITs don't mix well, especially when rates are rising. But BTB Real Estate Investment Trust has a unique portfolio, and even its office side is looking very resilient. Refinancing will push up weighted average interest rates, b...

2023-11-11 10:11:06 ET BTB Real Estate Investment Trust (BTBIF) Q3 2023 Earnings Conference Call November 7, 2023, 09:00 AM ET Company Participants Michel Leonard - President and CEO Mathieu Bolte - EVP, COO and CFO Conference Call Participants Tom Callag...

2023-10-11 12:39:11 ET Summary BTB Real Estate Investment Trust is focused on reducing its office sector footprint. The REIT currently has 75 properties spanning 6.1 million square feet, valued at $1.23 billion. The office portfolio occupancy is dragging down the overall commi...

2023-08-12 15:01:10 ET BTB Real Estate Investment Trust (BTBIF) Q2 2023 Results Conference Call August 08, 2023 09:00 AM ET Company Participants Michel Léonard - President and CEO Mathieu Bolté - EVP, COO, and CFO Conference Call Participants Ma...

2023-08-03 08:35:08 ET Summary BTB REIT offers a yield of ~9% with an FFO payout ratio of ~60%. BTB REIT is undervalued relative to historical P/B ratios due to a high proportion of office properties. BTB REIT has office properties that are 'off downtown core' which have perfo...

2023-06-26 10:30:00 ET Summary BTB REIT is rotating from offices to industrial properties - I think that's a good move. The distribution is very well covered by the AFFO: the payout ratio will likely be less than 75% this year. The balance sheet with an LTV ratio of close to 6...

2023-05-12 15:42:05 ET BTB Real Estate Investment Trust (BTBIF) Q1 2023 Earnings Conference Call May 09, 2023 09:00 AM ET Company Participants Michel Léonard - President and CEO Mathieu Bolté - EVP, COO, and CFO Conference Call Participants Mark...