BTB REIT focuses on properties located in both primary and secondary markets of Eastern Canada. By geography, Montreal is BTB’s largest market accounting for 51% of its total portfolio, followed by Quebec City (27%), Ottawa (18%) and London (4%).
It owns 67 commercial, office and industrial properties spread across 5.7 million square feet. Office properties constitute 39% of the overall portfolio, while commercial and industrial properties account for 25% and 28% respectively and the balance is mixed-use properties.
BTB REIT is realigning its portfolio quality by disposing of its non-core properties and acquiring higher quality properties. It focuses on acquiring assets with stability characterized by long-term leases, high occupancy rates, and a tenant base consisting of government institutions and established enterprises.
BTB REIT Stock Details
- Ticker: tse:btb.un
- Sector: Real Estate
- Industry: REIT - Diversified
- Market Cap: 0.25B
- Market Cap Group: Micro Cap
- P/E: 6.78
- Dividend Yield: 10.45%
BTB.UN Industry Competitors
The competitive landscape is important as they compete for the same business. Below is the list of competitors in the same industry. While not displayed, a number of metrics you can also use to evaluate your picks are the Chowder Score, the Relative Strength Index (RSI), the Graham Number, and the Piotroski F-Score.
|APR.UN||TSE:APR.UN||Automotive Properties REIT||0.41||6.49||7.74||NO||1||10||120|
|FCD.UN||TSE:FCD.UN||Firm Capital Property Trust||0.18||10.51||10.50||NO||1||10||120|
|TNT.UN||TSE:TNT.UN||True North Commercial REIT||0.12||0.00||0.00||NO||1||10||120|
|MPCT.UN||TSE:MPCT.UN||Dream Impact Trust REIT||0.10||0.00||11.32||NO||1||10||120|
|SOT.UN||TSE:SOT.UN||Slate Office REIT||0.07||0.00||14.12||NO||1||10||120|
Top Picks by Bay Street Experts
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BTB REIT - FAQ
What is the stock ticker for BTB REIT?
The stock ticker for BTB REIT is TSE:btb.un.
Is BTB REIT a good stock to buy?
You need to consider your investment strategy and how TSE:btb.un can fit in your portfolio.
The current dividend income score of 7/10 and dividend growth score of 3/10. Those 2 metrics together should help you decide the fit for your portfolio. Be it for income or for growth.
Is BTB REIT a Buy, Sell or Hold?
The Dividend Snapshot Opportunity Score of 46 out of 100.
The score reflects the strength of a buy signal but it does not show a sell signal if it's low. The higher the better.
A sell signal is more difficult as it often relies on the reason you bought the stock in the first place.