MONTRÉAL, Nov. 3, 2026 /CNW/ -- BTB Real Estate Investment Trust (TSX: BTB.UN) ("BTB" or the "REIT") announces today the sale of an office property located at 4890-4898, Taschereau Boulevard, in Longueuil, Quebec. This disposition is consistent with BTB's selective approach to recycling capital from non-core properties to support future acquisitions.
The property, totaling 36,983 square feet of leasable area, was disposed of for a total consideration of $8 million , excluding transaction costs. Proceeds from this sale will be redeployed toward the acquisition of industrial properties, further strengthening BTB's presence in a segment that remains at the heart of its repositioning strategy.
About BTB
BTB is a real estate investment trust listed on the Toronto Stock Exchange. BTB's investment strategy is focused on acquiring industrial properties in major Canadian markets. As of today, BTB owns and self-manages a portfolio of 72 properties, representing a total leasable area of approximately 5.9 million square feet.
People and their stories are at the heart of our success.
SOURCE BTB Real Estate Investment Trust
View original content to download multimedia: http://www.newswire.ca/en/releases/archive/November2026/03/c5256.html
For more detailed information, visit BTB's website at www.btbreit.com or contact: Kassandra Antunes, Director of Marketing & Communications, (T) 514 286-0188 ext. 236, (E) kantunes@btbreit.com