BTB Real Estate Investment Trust announces its distribution for the month of
July 2010

MONTREAL, July 15 /CNW Telbec/ - The trustees of BTB Real Estate Investment Trust (TSX-V: BTB.UN) ("BTB") announced today that the monthly cash distribution for the month of July 2010 is $0.0067 per unit, representing $0.08 per unit on an annualized basis. The cash distribution will be paid on August 16, 2010 to unitholders of record on July 30, 2010.

As at the close of business on July 14, 2010, 33,691,725 units of BTB were issued and outstanding.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information: Mr. Michel Léonard, President and Chief Executive Officer, BTB Real Estate Investment Trust, 514-286-0188 ext. 228