BTB REIT: a 5% distribution increasefor September 2014

BTB Real Estate Investment Trust announce that its Trustees have approved to increase the monthly cash distributions from $0.0333 per unit ($0.40 per unit on an annualized basis) to $0.035 per unit ($0.42 per unit on an annualized basis). The increased monthly distribution will commence on September 15, 2014 to unitholders of record on August 29, 2014.
"The continued growth of our portfolio, the solidity of our cash flow and the hard work of everyone at BTB created the opportunity for BTB to reward its investors by increasing its distributions. Our payout ratio, being below 80%, shows the strength of BTB's results over the last quarters. We are pleased to announce this increase in distributions to our investors" said Mr. Michel Léonard, President and Chief Executive Officer.
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 5%.

on June 27, 2014