Q2, 2018 FFO per unit of $0.60, an 11.1% increase from the same period a year ago. Revenue recovery leading to NOI growth Q2 Same Property Rental Revenue increased 3.7% Q2 Same Property NOI increased 8.8% Q2 Operating Margin increased to 54.5% Suite and common area investment accelerating revenue growth Strategic targeting of suite renovations… [Read More]

CALGARY, July 3, 2018 /CNW/ – Boardwalk Real Estate Investment Trust (‘BEI.UN’ – TSX) Boardwalk REIT would like to announce that its second quarter financial results for the three and six month periods ended June 30, 2018 will be released before the market opens on Monday August 13, 2018.  We invite you to participate in… [Read More]

CALGARY, June 22, 2018 /CNW/ – Boardwalk Real Estate Investment Trust (‘BEI.UN’ – TSX) Boardwalk REIT (“Boardwalk”, “The Trust”) was honored at the 2018 Calgary Residential Rental Association’s (CRRA) Awards Gala, held on June 7th, 2018, in Calgary, AB; and was the proud recipient of the 2018 Best Renovation of the Year Award for its… [Read More]

CALGARY, May 17, 2018 /CNW/ – Boardwalk Real Estate Investment Trust (TSX:BEI.UN) (the “Trust“) announced today the results of matters voted on at its annual and special meeting of unitholders held on May 15, 2018 (the “Meeting“), which included the election of all the trustee nominees listed in the Trust’s management information circular dated March… [Read More]

Q1, 2018 FFO per unit of $0.48 including $0.01 of personnel expense items Stabilizing rental market with revenue leading the way Portfolio occupancy of 96.7% in April of 2018 Stabilized quarterly sequential revenue growth of 1.8% Same-property year-over-year revenue growth of 1.7% Higher utilities expense in Q1 mainly a result of prolonged winter weather, and… [Read More]

CALGARY, May 3, 2018 /CNW/ – Boardwalk Real Estate Investment Trust (‘BEI.UN’ – TSX) Boardwalk REIT (“Boardwalk”, “The Trust”) is proud to announce the grand opening of Broadway Centre, an amenity-rich affordable luxury apartment building within walking distance of Calgary’s thriving and trendy Mission area. Located along 4th Street SW, steps from Calgary’s 17th Avenue… [Read More]

CALGARY, April 2, 2018 /CNW/ – Boardwalk Real Estate Investment Trust (‘BEI.UN’ – TSX) Boardwalk REIT would like to announce that its first quarter financial results for the three-month period ended March 31, 2018 will be released after the market closes on May 15, 2018.  We invite you to participate in the teleconference held to… [Read More]

Q4, 2017 FFO per unit of $0.53, 12M 2017 FFO per unit of $2.11 Improved visibility with macro-economic recovery Turning the corner – A significant operational improvement Stabilized sequential revenue growth in Q4 of 0.9% Stabilized occupancy on Jan 1, 2018 of 95.7%, an improvement of over 300 basis points from average occupancy in Q3… [Read More]

CALGARY, Feb. 15, 2018 /CNW/ – Boardwalk Real Estate Investment Trust (‘BEI.UN’ – TSX) Boardwalk REIT (“Boardwalk”, “The Trust”) announced its regular monthly distribution for February of 2018 of $0.0834 per Trust Unit, which equates to $1.00 per Trust Unit on an annualized basis.  The February distribution will be payable on March 15, 2018 to… [Read More]

CALGARY, Jan. 3, 2018 /CNW/ – Boardwalk Real Estate Investment Trust (‘BEI.UN’ – TSX) Boardwalk REIT would like to announce that its fourth quarter financial results for the three and twelve-month periods ended December 31, 2017 will be released before the market opens on Monday, February 26, 2018.  We invite you to participate in the teleconference… [Read More]

Q3, 2017 FFO per unit of $0.53 Long-term strategic plan – NAV growth and diversification 1) Portfolio growth of 10,000 to 15,000 apartment units in strategic locations to provide geographic diversification 2) Continue to be long on Alberta Near-term focus on the recapture of incentive and vacancy loss from a cyclical bottom Long-term focus on… [Read More]