MONTREAL, June 15, 2012 /CNW Telbec/ - BTB Real Estate Investment Trust (TSX: BTB.UN) announced today that the monthly cash distribution for the month of June 2012 is $0.0333 per unit, representing $0.40 per unit on an annualized basis. The cash distribution will be paid on July 16, 2012 to unitholders of record on June 29, 2012.
BTB is a real estate investment trust and its objective is to provide unitholders with stable cash distributions from investments in a quality portfolio of office, industrial, commercial and retail properties predominantly located in the province of Québec. BTB is led by an experienced management team with in-depth experience in the real estate industry and a Board of Trustees focused on governance and sound business practices.
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.
Mr. Michel Léonard
President and Chief Executive Officer
514-286-0188 ext. 228