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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. 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

Comment by malx1on Aug 26, 2021 3:28pm
81 Views
Post# 33770827

RE:RE:RE:RE:RE:RE:TD's Upgrading to ACTION LIST BUY from Buy; Q2/21 Results

RE:RE:RE:RE:RE:RE:TD's Upgrading to ACTION LIST BUY from Buy; Q2/21 Results
autofocus111 wrote: Northface You make some good points. But it comes down to where you think oil is headed. Is $60 WTI enough to sustain a strong recovery in AB? That's where I have my doubts.


If you think $60wti will be the avg price in a post-covid world, then I can understand your lack of enthusiasm for the best quality reit which holds significiant western canadian residential exposure.  NAV climbing, profitability climbing, management rational and holds material position in their company.

$75-85wti is more realistic.  If you doublt that, why invest in regions that sepcialize in production of ethical oil and gas?
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