BTB Real Estate Investment Trust (the Trust) is a Canada-based real estate investment trust. The Trust invests in industrial, suburban office and necessity-based retail properties across Canada. The Trust's primary objective is to maximize total return to unitholders. The total return includes distributions and long-term appreciation of the trading value of its units. Its objectives are to generate stable monthly cash distributions that are reliable and fiscally beneficial to unitholders; grow the Trustâ€™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. Its properties are located in the provinces of Quebec, Ontario, Alberta and Saskatchewan. It may dispose of certain assets if their size, location and/or profitability no longer meet its investment criteria. It owns and manages 75 properties, representing a total leasable area of around 6.1 million square feet.

Employees

Sector

Commercial REITs

Calendar

11-10 Earnings release - Q3 2026

More about the company

Quotes

Date	Price	Change	Volume
26-11-10	$3.610	0.00%	68,981
26-11-09	$3.610	-1.10%	157,542
26-11-06	$3.650	+0.55%	167,564
26-11-05	$3.630	-0.82%	76,547
26-11-04	$3.660	+0.83%	187,878

Delayed Quote Toronto S.E.

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Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

3.610CAD

Average target price

3.838CAD

Spread / Average Target

+6.30%

Consensus

Net sales - Rate of surprise

Rate of surprise - Net sales - Annual - BTB Real Estate Investment Trust

Company calendar

Market Closed - Toronto S.E. 16:00:00 2026-11-10 EST			5-day change	1st Jan Change
3.610 ^CAD	0.00%		-0.55%	-11.74%

11-10	Earnings Flash (BTB-UN.TO) BTB Real Estate Investment Trust Reports Q3 Revenue CA$31.5M	MT
11-02	An undisclosed buyer acquired Office property located at 4890-4898, Taschereau Boulevard, in Longueuil, Quebec from BTB Real Estate Investment Trust (TSX:BTB.UN) for CAD 8 million.	CI

Market Cap	319M 225M 202M 186M 169M 21.08B 328M 2.22B 886M 11.29B 844M 826M 35.7B	P/E 2026 *	-	P/E 2027 *	-
Enterprise Value	1.04B 733M 657M 606M 550M 68.7B 1.07B 7.25B 2.89B 36.81B 2.75B 2.69B 116B	EV / Sales 2026 *	8.12x	EV / Sales 2027 *	7.71x
Free-Float	97.96%	Yield 2026 *	8.31%	Yield 2027 *	8.31%

Markets		Quality
Toronto S.E.	BTB.UN	Delayed
OTC Markets	BTBIF	Delayed

11-10	Earnings Flash (BTB-UN.TO) BTB Real Estate Investment Trust Reports Q3 Revenue CA$31.5M	MT
11-02	An undisclosed buyer acquired Office property located at 4890-4898, Taschereau Boulevard, in Longueuil, Quebec from BTB Real Estate Investment Trust (TSX:BTB.UN) for CAD 8 million.	CI
10-27	BTB Real Estate Investment Trust announces Monthly dividend, payable on November 16, 2026	CI
10-15	Btb Real Estate Investment Trust Acquires Single-Tenant Industrial Property in Acheson, Alberta	CI
10-13	BTB Real Estate Investment Trust (TSX:BTB.UN) acquired Industrial property in Acheson, Alberta for CAD 18.8 million.	CI
10-07	BTB Real Estate Investment Trust Announces Its Distribution for the Month of October 2026, Payable on November 16, 2026	CI
09-09	Btb Real Estate Investment Trust Announces Monthly Cash Distribution for the Month of September 2026, Payable on October 15, 2026	CI
08-12	BTB REIT Appoints Marc-Andre Lefebvre as Chief Operating Officer	MT
08-12	BTB Real Estate Investment Trust Announces Appointment of Marc-André Lefebvre to Chief Financial Officer, Effective August 12, 2026	CI
08-12	Btb Real Estate Investment Trust Announces Appointment of Marc-André Lefebvre to Executive Vice President and Chief Operating Officer, Effective August 12, 2026	CI
08-12	BTB Real Estate Investment Trust, Q2 2026 Earnings Call, Aug 12, 2026
08-12	BTB REIT Q2 Adjusted Net Income, Revenue Rise	MT
08-12	Earnings Flash (BTB-UN.TO) BTB Real Estate Investment Trust Reports Q2 Rental Revenue C$31.9M	MT

BTB Real Estate Investment Trust Stock

Stocks

BTB.UN

CA11777P3007

Commercial REITs

Valuation: BTB Real Estate Investment Trust

Chart: BTB Real Estate Investment Trust

Latest news: BTB Real Estate Investment Trust

Last Transcript: BTB Real Estate Investment Trust

Analysts' recommendations: BTB Real Estate Investment Trust

Press Releases: BTB Real Estate Investment Trust

News in other languages: BTB Real Estate Investment Trust

Quotes and Performance

Price Extremes

Managers and Directors: BTB Real Estate Investment Trust

Latest insider transactions

Other Commercial REITs

Financials

Company Profile

Quotes

Analysts' Consensus

Net sales - Rate of surprise

25-09-04	BTB REIT Rating and Target Price Confirmed at National Bank After Ewing Morris Offer	MT
25-08-05	BTB REIT Brief: Keeps Sector Perform, But Target Eased To C$3.30 From $3.40 at National Bank As "Non-Renewals and Lion Electric Lease Renegotiation Weigh on NOI"	MT
25-01-23	BTB REIT Coverage Resumes at National Bank of Canada	MT
24-11-05	BTB REIT Brief: Keeps Sector Perform But Target Edged Up To C$3.50 From $3.45 at National Bank, Noting "Dispositions key to improving liquidity profile"	MT

10-08	BTB Celebrates its 20th anniversary by Closing the Market at the Toronto Stock Exchange	AQ
10-08	BTB Real Estate Investment Trust (BTB.UN) Closes the Market	NE
10-07	BTB Announces its Distribution for the Month of October 2026	AQ
10-06	BTB to Release 2026 Third Quarter Results and Host Conference Call	AQ
09-09	BTB Announces its Distribution for the Month of September 2026	AQ

10-08	Fonds de placement immobilier BTB (BTB.UN) ferme les marchés
25-01-15	FPI BTB annonce l’augmentation de la taille de l’émission de débentures convertibles annoncée précédemment à 35 millions $
25-01-14	FPI BTB annonce un financement de 30 millions $ de débentures convertibles
22-05-15	BTB Real Estate Investment Trust : annonce le montant de distribution pour le mois de mai 2022
22-05-08	BTB Real Estate Investment Trust : Les récentes acquisitions relutives du FPI BTB ont contribué à la croissance des FPE par part de 20 % pour le premier trimestre de 2022

1 week	-0.55%
Current month	-1.37%
1 month	-0.55%
3 months	-5.50%
6 months	-7.44%
Current year	-11.74%

1 week	3.6	3.7
1 month	3.58	3.74
Current year	3.56	4.33
1 year	3.56	4.33
3 years	2.8	4.33
5 years	2.71	4.42
10 years	2.29	5.5

Manager	Title	Age	Since
Michel Léonard CEO	Chief Executive Officer	68	2006-07-11
Marc-André Lefebvre DFI	Director of Finance/CFO	-	2024-05-26
Hogue Francis LAW	General Counsel	-	-

Director	Title	Age	Since
Michel Léonard BRD	Director/Board Member	68	2006-07-11
Jean-Pierre Janson BRD	Director/Board Member	75	2007-08-31
Sylvie Lachance BRD	Director/Board Member	66	2014-06-16

Date	Insider	Type	Main position	Quantity	% Market Cap.
9/30/26	Christine Marchildon	Tax	Director	5,515	0.0062%
9/30/26	Christine Marchildon	Tax	Director	1,142	0.0013%
9/30/26	Armand Des Rosiers	Tax	Director	4,826	0.0055%

Add to a list 0 selected To use this feature you must be a member Log in Sign up	Change	5-day change	1-year change	3-year change	Capi.($)
BTB REAL ESTATE INVESTMENT TRUST	0.00%	-0.55%	-7.91%	+22.37%	225M
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SIMON PROPERTY GROUP, INC.	+0.63%	+5.58%	+28.17%	+103.31%	75.61B
REALTY INCOME CORPORATION	+0.07%	+3.55%	+5.60%	+18.94%	56.62B
GOODMAN GROUP	+0.89%	+9.38%	-5.04%	+29.41%	40.79B
KIMCO REALTY CORPORATION	-0.39%	+2.76%	+26.32%	+43.46%	17.06B
SEGRO PLC	-0.37%	+1.12%	+26.54%	+18.76%	16.57B
UNIBAIL-RODAMCO-WESTFIELD SE	+0.85%	+3.23%	+5.36%	+88.33%	15.33B
CAPITALAND INTEGRATED COMMERCIAL TRUST	-2.53%	-0.43%	-1.69%	+26.09%	14.73B
REGENCY CENTERS CORPORATION	+0.56%	+1.82%	+9.20%	+26.62%	13.98B
Average	-0.02%	+2.81%	+9.07%	+40.17%	37B
Weighted average by Cap.	+0.06%	+3.15%	+10.22%	+43.44%

	2026 *	2027 *
Net sales	128M 90.22M 80.91M 74.56M 67.72M 8.46B 132M 893M 356M 4.53B 339M 331M 14.33B	135M 94.97M 85.17M 78.49M 71.28M 8.9B 139M 940M 374M 4.77B 356M 349M 15.08B
Net income	-	-
Net Debt	722M 508M 455M 420M 381M 47.62B 742M 5.03B 2B 25.51B 1.91B 1.87B 80.66B	720M 507M 455M 419M 381M 47.54B 740M 5.02B 2B 25.47B 1.9B 1.86B 80.52B