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. The Company provides homes in more than 200 communities, with over 34,000 residential suites totaling over 29 million net rentable square feet. Its brands include Boardwalk Living, Boardwalk Communities, and Boardwalk Lifestyle which, caters to a diverse demographic. Its objectives are to provide Resident Members with 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

Boardwalk Real Estate Investment Trust > On a tear, + edmonton looking up

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Comment by malx1on Aug 11, 2021 5:51pm

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Post# 33689182

RE:RE:RE:On a tear, + edmonton looking up

Northforce13 wrote: BEI sells at a price to tangible book value of 0.8

Game host sells at a tangible book value of 5.8

Two distinctly contrasting business models in same region. GH offering lodging and entertainment. Shares are attractive to those who believe in a covid19 economic recovery and higher oil prices.

GH is valued for its predictable cash flows post-covid19.

GH is currently around 2x book value and that can climb to 3x book value with the return of dividends and Alberta economic recovery.

Either way, Boardwalk performing well. Good pick!!

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