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Boardwalk Real Estate Investment Trust T.BEI.UN

Alternate Symbol(s):  BOWFF

Boardwalk Real Estate Investment Trust (Trust) is a Canada-based open-ended real estate investment trust, which owns/operates multi-family rental communities. It provides homes in more than 200 communities, with over 33,000 residential suites totaling over 29 million net rentable square feet. Its brands include Boardwalk Living, Boardwalk Communities, and Boardwalk Lifestyle. Its three-tiered brands, namely Boardwalk Living, Boardwalk Communities, and Boardwalk Lifestyle, caters to a diverse demographic. Its objectives are to provide Resident Members with superior quality rental communities and the best tenant/customer service, provide its holders of Trust Units with stable monthly cash distributions, and to increase the value of the Trust Units through the effective management of its residential multi-family revenue producing properties, renovations and upgrades to its current portfolio, and the acquisition and/or development of additional, accretive properties or interests therein.


TSX:BEI.UN - Post by User

Post by malx1on Jan 19, 2022 6:23pm
182 Views
Post# 34335177

Picture of REITs is worth 1,000 words, maybe more in dollars

Picture of REITs is worth 1,000 words, maybe more in dollarsThe past 18 months I endured many an expert mocking my suggestion that BEI.un was significantly undervalued and likely to outperform as commodity prices improve.

Well, it's been a while but here we are...

1yr chart

User image

There is a clear winner in the group.  Can you spot it?

TD posted a $70 target based on expected NAV growth.  With time, that target will be raised again as management at Boardwalk continues to successfully reinvest much of their AFFO back into their existing properties. 

ROI is the name of the game.  Some see it, some don't.

The picture says it.

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