BTB Real Estate Investment : ANNOUNCES ITS DISTRIBUTION FOR THE MONTH OF JANUARY 2016

Montréal, Québec (January 15, 2016): BTB Real Estate Investment Trust (TSX: BTB.UN) announced today that the monthly cash distribution for the month of January 2016 is $0.035 per unit, representing $0.42 per unit on an annualized basis. The cash distribution will be paid on February 15, 2016 to unitholders of record on January 29, 2016.

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. Today, BTB owns 71 commercial, office and industrial properties for a total leasable area of more than 5 million square feet. BTB's asset value is approximately $640M. The objectives of BTB are: i) to grow its revenues from its assets to increase distributable income and therefore fund distributions; (ii) to maximize the value of its assets through dynamic management of its properties in order to sustain the long-term value of its units; and (iii) to generate cash distributions that are fiscally beneficial to unitholders.

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 5%.

Pour plus de renseignements, veuillez communiquer avec :

M. Michel Léonard Président et chef de la direction 514-286-0188poste 228

M. Benoit Cyr Vice-président et chef des finances 514-286-0188poste 230