BTB Real Estate Investment Trust announces the sale of two office properties located at 32 and 50, Saint-Charles Street West, in Longueuil (Québec). These two buildings of 14,054 and 19,568 square feet were acquired in May 2007. Further to the strategic review of BTB's portfolio, these properties were identified as potential dispositions since that they no longer meet the REIT's investment criteria.

BTB therefore disposed of these buildings for a total consideration of $6.2 million, excluding transaction costs. The net proceeds of disposal will be reinvested in acquisitions of industrial properties.