BTB REIT hires Mr. Georges Renaud as Vice-President, Property Management

BTB Real Estate Investment Trust  is proud to announce that, as of June 27, 2011, Mr. Georges Renaud has joined BTB's team, as Vice President, Property Management. Mr. Renaud will be responsible for managing the buildings owned by BTB.

Mr. Renaud is a 30 year real estate veteran who has held senior positions in firms specializing in property management, leasing & sales, promotion & marketing of a variety of real estate portfolios in Quebec and Western Canada including: downtown and suburban office buildings; retail malls and strips; industrial and mixed use complexes; hotel, multi-family & senior housing projects. Mr. Renaud holds the CPM and FRI designations and has a Certificate in Urban Land Economics from the University of British Columbia. Mr. Renaud is a past President of the Real Estate Institute of Canada, the current President of the IREM-Quebec chapter and sits on the board of numerous community organizations.

BTB has granted Mr. Renaud options to purchase 50,000 units of BTB. These options can be exercised until July 11, 2016 at an exercise price of $0.95 per unit.

"BTB is pleased with the arrival of Mr. Renaud and is confident that his real estate expertise will be a great asset to BTB's growth" declared Mr. Michel Léonard, President and Chief Executive Officer.

on July 13, 2011