BTB Real Estate Investment Trust (BTB.UN.TO)…

Home

Daily Stock Opinions and Ratings

BTB Real Estate Investment Trust (BTB.UN.TO)

3.86

+0.02 (0.52%)

as of Jun 19, 2026, 8:00:00 pm Market Open.

108 watching

COMMENT

Small group in Montreal. They’ve raised some money. High risk but they’ve survived.

TOP PICK

Quebec industrial/retail properties REIT. Got squeezed in the credit crisis and cut distributions twice but now coming out of the penalty box. Cheap.

COMMENT

Recently got financing but Caveat Emptor. Do interesting things including 3 buildings in Quebec City. Will probably survive.

DON'T BUY

Quebec-focused. There are better quality names out there. You can get better returns.

SELL

Entrepreneurs had some real estate skills and decided to acquire some assets and have a public vehicle. Has been challenged since inception. Small cap. He is cautious of this name.

TOP PICK

Properties in Quebec. Messed up in ’08 by cutting distributions twice. Were frozen out of the ’08 credit crisis. They are below 100% now. Thrown out like the baby with the bath water. It has to get funding to grow. The story has been disregarded, but now you have to take a fresh look at it. Trades at a discount. Slowly but surely it will recover.

BUY

Had a distribution cut, which hit the stock price. Good management. Assets are office, retail and industrial generally in Quebec City and secondary markets in and around Quebec. Payout ratio was too high. Pretty compelling yield now.

HOLD

Retail market in small town Quebec. Started with a 13% yield but it became apparent that they weren’t going to make their distribution. Have brought it down enough, but they still have deals to do and he doesn’t know if they will be able to raise their money. Basically likes them.

DON'T BUY

Market cap is so small it’s very tough for any institutional investor to be interested in it. Properties are primarily in Montreal and Quebec and the economy has slowed.

HOLD

A small cap commercial diversified. Focused primarily on Quebec. Over distributing. Cheap at these levels.

RISKY

Diversified commercial real estate company and in the secondary market in Quebec. Management has a lot of contacts within the Quebec marketplace. Buying acquisitions on an accretive basis, which will help close the gap on what they are distributing with what they are earning.

PAST TOP PICK

(A Top Pick Feb 5/07. Down 10.1% including distributions.) REITs have suffered, which is a surprise in Canada. This is a small cap version of RioCan (REI.UN-T). Strip shopping malls have gone down and yet Canadian economy has stayed strong. Yield of 13%/14% is quite compelling. Still a Buy.

HOLD

B quality real estate in secondary markets throughout Quebec. Toured their facilities and was pleasantly surprised with the quality. Very impressed with management. Trading around NAV.

BUY

Commercial diversified with a focus on Quebec city, the rest of Quebec and a little bit of Ontario. Management has been very impressive. Don't have it as a core name.

HOLD

Doesn't really like it, but does like and owns their convertibles.

Showing 61 to 75 of 82 entries

Most Recent Experts

Rick Rule

Rule Investment Media

Chris Blumas

at Raymond James Investment Counsel Ltd.

The Panic-Proof Portfolio (Stockchase Research)

Stockchase Premium

The Weekly Buzzing Stocks by Billy Kawasaki

Stockchase

Jim Cramer - Mad Money

CNBC

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : [email protected].

Summer Sale

BTB Real Estate Investment Trust (BTB.UN.TO)