BTB Will Announce Its 2021 Third Quarter Financial Results on Monday, November 8th, 2021

MONTRÉAL, Oct. 13, 2021 /CNW Telbec/ - Real Estate Investment Trust (TSX: BTB.UN) ("BTB" or the "REIT") announced today that it will release its financial results for the third quarter 2021 (Q3 2021), on Monday, November 8^th, 2021, after the closing of the Toronto stock market.

Management will hold a conference call on Tuesday, November 9^th, 2021, at 10 am, Eastern Standard Time, to present BTB's financial results and performance for the third quarter of 2021.

The media and all interested parties may attend the call-in listening mode only.

Conference call operators will coordinate the question-and-answer period (from analysts only) and will instruct participants regarding the procedures during the call.

The audio recording of the conference call will be available by via playback until
November 16^th, 2021, by dialing: 1-416-764-8677 (local) or, 1-888-390-0541 (toll-free) and by entering the following access code: 365050 #

ABOUT BTB

BTB is a real estate investment trust listed on the Toronto Stock Exchange. BTB is an important owner of properties in eastern Canada. As of October 13^th, 2021, BTB owns
65 retail, office, and industrial properties for a total leasable area of approximately
5.5 million square feet. As of June 30^th, 2021, BTB's approximate total asset value is approximately $964M.

BTB'S OBJECTIVES

1. Generate stable monthly cash distributions that are reliable and fiscally beneficial to unitholders;
2. Grow the Trust's assets through internal growth and accretive acquisitions in order to increase distributable income and therefore refund distributions;
3. Optimize the value of its assets through the dynamic management of its properties in order to maximize the long-term value of its properties and therefore, its units.

BTB offers a distribution reinvestment plan to unitholders whereby the participants may elect to have their monthly cash distribution reinvested in additional units of BTB at a price based on the weighted average price for BTB's Units on the Toronto Stock Exchange for the five trading days immediately preceding the distribution date, discounted by 3%.

For more detailed information, visit BTB's website at www.btbreit.com.

SOURCE BTB Real Estate Investment Trust