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BTB acquires additional 50 per cent participation in retail complex

BTB Real Estate Investment Trust has purchased an additional 50 per cent participation in a retail complex located in Saint-Lazare, Québec, for the purchase price of USD2.5m, excluding closing costs.

BTB already owns 50 per cent of this retail complex and acquired the remaining 50 per cent interest. 
 
Consequently, the REIT now owns 100 per cent of this retail complex.
 
Some of the tenants include Sobeys, Tim Hortons and A&W.


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