MONTRÉAL, April 23,
2024 /CNW/ - BTB Real Estate Investment Trust (TSX:
BTB.UN) ("BTB" or the "REIT") announces the
appointment of Mr. Marc-André Lefebvre to the position of Vice President and
Chief Financial Officer, effective May 27,
2024. Mr. Lefebvre brings
extensive expertise in finance as well as solid experience in
strategic leadership, which will be essential assets for the
development and growth of BTB.
Before joining BTB, Mr. Lefebvre worked as Chief Financial Officer of
Kruger Energy, a renewable energy producer operating across the
Americas. Prior to that, he spent nearly 19 years at Scotiabank and
Scotia Capital, holding various roles in investment banking,
specializing in capital markets and corporate banking services for
large companies. His deep understanding of financial markets and
commitment to operational excellence will be key catalysts in
strengthening BTB's position as a leader in real estate
investment.
As Vice President and Chief Financial Officer, Mr. Lefebvre will oversee all financial activities
of the REIT, including budget management, tax planning, financial
reporting and investment strategy.
"We are delighted to welcome Marc-André to BTB's management
team. His remarkable experience and passion for the real estate
industry make him the ideal leader to guide our financial
initiatives. We are confident that his thought leadership will
strengthen our market positioning and enable BTB to continue to
deliver exceptional value to our unitholders. » declares Michel
Léonard.
"I am excited to join BTB's team and contribute to achieving the
REIT's long-term growth objectives," commented Mr. Lefebvre.
His appointment comes at a crucial time in BTB's evolution, as
the REIT continues to make strategic investments and maximize value
for its stakeholders.
About BTB
BTB is a real estate investment trust listed on the Toronto
Stock Exchange. BTB REIT invests in industrial, suburban office and
necessity-based retail properties across Canada for the benefit of their investors. As
of today, BTB owns and manages 75 properties, representing a
total leasable area of approximately 6.1 million square
feet.
People and their stories are at the heart of our
success.
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