CALGARY, AB, May 10, 2022 /CNW/ – Boardwalk Real Estate Investment Trust (TSX: BEI.UN) (the “Trust“) announced today the results of matters voted on at its annual general meeting of unitholders held via live audio webcast on May 9, 2022 (the “Meeting“), which included the election of all the trustee nominees listed in the Trust’s… [Read More]
BOARDWALK REIT REPORTS SOLID FIRST QUARTER RESULTS, WITH INCREASING OCCUPANCY AND FURTHER POSITIVE LEASING MOMENTUM INTO THE SPRING
SUMMARY HIGHLIGHTS FOR THE THREE-MONTH PERIOD ENDED MARCH 31, 2022 STRONG FINANCIAL PERFORMANCE Profit of $69.4 million Funds From Operations (“FFO”) of $0.68 per Unit(1); an increase of 4.6% SOLID OPERATIONAL RESULTS DESPITE NON-CONTROLLABLE EXPENSE INFLATION Q1 2022 same property(2) rental revenue growth of 2.1% Q1 2022 same property Net Operating Income (“NOI”) of $64.9… [Read More]
BOARDWALK REIT PROVIDES OPERATIONAL UPDATE, STRENGTHENS PRESENCE IN CANMORE AND BRAMPTON MARKETS, AND ANNOUNCES TIMING OF RELEASE OF ITS 2022 FIRST QUARTER FINANCIAL RESULTS
TSX: BEI.UN CALGARY, AB, April 6, 2022 /CNW/ – Boardwalk REIT (“Boardwalk, “the Trust”, “We”) is providing a brief operational and acquisition update as we continue to focus on our essential service of providing high-quality and affordable homes to Boardwalk’s Resident Members while delivering growth and value for our stakeholders. Stabilized Portfolio Occupancy Jan-21 Feb-21 Mar-21… [Read More]
BOARDWALK REIT REPORTS STRONG RESULTS THROUGH 2021 AND AN 8% INCREASE TO ITS REGULAR MONTHLY DISTRIBUTION
SUMMARY HIGHLIGHTS FOR THE THREE AND TWELVE-MONTH PERIODS ENDED DECEMBER 31, 2021 STRONG FINANCIAL PERFORMANCEFOR THE THREE-MONTH PERIOD ENDED DECEMBER 31, 2021 Profit (loss) of $131.1 million Funds From Operations (FFO) of $0.75 per Unit1; an increase of 11.9% FOR THE TWELVE-MONTH PERIOD ENDED DECEMBER 31, 2021 Profit (loss) of $446.3 million FFO of… [Read More]
BOARDWALK REIT ANNOUNCES FEBRUARY 2022 DISTRIBUTION
CALGARY, AB, Feb. 18, 2022 /CNW/ – Boardwalk Real Estate Investment Trust – (TSX: BEI.UN) Boardwalk REIT (“Boardwalk”, “The Trust”) declared today its regular distribution for the month of February 2022 to be $0.0834 per Trust Unit, which equates to $1.00 per Trust Unit on an annualized basis. The February distribution will be payable on… [Read More]
BOARDWALK REIT PROVIDES AN OPERATIONAL UPDATE AND TIMING OF RELEASE OF ITS 2021 FOURTH QUARTER AND YEAR-END FINANCIAL RESULTS
CALGARY, AB, Jan. 10, 2022 /CNW/ – Boardwalk Real Estate Investment Trust – TSX: BEI.UN Boardwalk REIT (“Boardwalk, “the Trust”, “We”) is providing a brief update highlighting its strong portfolio occupancy, increasing occupied rents, and normal course issuer bid activity that is available to date as we continue to focus on our essential service of… [Read More]
BOARDWALK REIT ANNOUNCES SALE OF NON-CORE ASSET AND SPECIAL NON-CASH DISTRIBUTION
CALGARY, AB, Dec. 21, 2021 /CNW/ – Boardwalk Real Estate Investment Trust (TSX: BEI.UN) Boardwalk Real Estate Investment Trust (“Boardwalk”, the “REIT” or the “Trust”) announces that on December 15, 2021, the Trust closed on the sale of a non-core, 180-unit asset in Saskatoon, SK. Reid Park is a 3-storey wood frame walk-up community located… [Read More]
Boardwalk Launches BWell Wellness Certification Program
CALGARY, AB, Dec. 6, 2021 /CNW/ – Boardwalk Real Estate Investment Trust (TSX: BEI.UN) Boardwalk REIT (“Boardwalk”, “The Trust”) is excited to announce the roll-out of its BWell certification program, which champions its long-standing commitment to the health and well-being of its communities. This rigorous certification will assess and award Boardwalk communities which prioritize the… [Read More]
Boardwalk REIT Announces Normal Course Issuer Bid
CALGARY, AB, Nov. 18, 2021 /CNW/ – Boardwalk Real Estate Investment Trust (TSX: BEI.UN) Boardwalk Real Estate Investment Trust (“Boardwalk”, the “REIT” or the “Trust”) announced today that it has received approval from the Toronto Stock Exchange (the “TSX”) to commence a normal course issuer bid (the “NCIB”). The NCIB allows the REIT to purchase… [Read More]
Boardwalk REIT Continues to Deliver Strong Results with Third Quarter Funds from Operations Per Unit Growth of 6.8%
SUMMARY HIGHLIGHTS FOR THE THREE AND NINE-MONTH PERIODS ENDED SEPTEMBER 30, 2021 CONTINUED SOLID FFO PERFORMANCE FOR THE 3 MONTH PERIOD ENDED SEPTEMBER 30, 2021 Funds From Operations (FFO) of $0.79 per Trust Unit; an increase of 6.8% from Q3 2020. 3.0% same-property net operating income growth. Return to positive same-property net operating income growth… [Read More]
Boardwalk Wins Six Awards at the 2021 Annual Calgary Residential Rental Association Awards
CALGARY, AB, Nov. 8, 2021 /CNW/ – Boardwalk Real Estate Investment Trust – TSX: BEI.UN The Calgary Residential Rental Association (CRRA) Awards are presented in recognition of the industry’s top performers in the Residential Real Estate space. Boardwalk is proud to announce that it has been honoured with six awards in the following categories: New… [Read More]
Boardwalk REIT Announces Timing of Release of its 2021 Third Quarter Financial Results
CALGARY, AB, Oct. 4, 2021 /CNW/ – Boardwalk Real Estate Investment Trust – (TSX: BEI.UN) Boardwalk REIT would like to announce that its financial results for the three and nine-month periods ended September 30, 2021, will be released after the market closes on Thursday November 11, 2021. We invite you to participate in the teleconference to… [Read More]
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