Canada NewsWire
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES /
MONTRÉAL , July 5, 2023 /CNW/ - BTB Real Estate Investment Trust (TSX: BTB.UN) (" BTB " or the " REIT ") would like to give visibility to the Receipt, previously announced on June 12, 2023 , for a final short form base shelf prospectus from the securities regulatory authorities in each of the provinces and territories of Canada (the " Shelf Prospectus ").
We would like to inform our unitholders that an initial short form base shelf prospectus was filed on June 15th, 2021 , and was valid for a period of 25-month. As the previous short form base shelf prospectus was maturing, the last filing was meant to replace the initial short form base shelf prospectus.
About BTBBTB is a real estate investment trust listed on the Toronto Stock Exchange. BTB REIT invests in industrial, off-downtown core office and necessity-based retail properties across Canada for the benefit of their investors. As of today, BTB owns and manages 75 properties , representing a total leasable area of approximately 6.1 million square feet.
People and their stories are at the heart of our success.
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
View original content to download multimedia: http://www.newswire.ca/en/releases/archive/July2023/05/c5482.html