Mr. Michel Leonard reports
BTB ANNOUNCES THE SALE OF TWO COMMERCIAL PROPERTIES
BTB Real Estate Investment Trust has sold two commercial properties located at 100 de Montarville, Boucherville, and at 1400 Marie-Victorin, St-Bruno-de-Montarville, in the province of Quebec for total proceeds of $7.6-million. The net proceeds will be mainly allocated to the partial repayment of the acquisition credit facility.
These properties are sold as they no longer meet the investment parameters management has defined in its last portfolio performance review.
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