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

<< Previous

Bullboard Posts

Next >>

Comment by autofocus111on Sep 16, 2021 4:06pm

90 Views

Post# 33872274

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

@malx1 Migration into AB depends on job growth in the O&G sector. Stagant oil supplies ie. no production expansion projects means weak job growth for AB. Higher oil prices, while great for producers, means ziltch for housing demand in the province if there is minimal investment by O&G companies to increase production. As you yourself point out, increased focus on ESG and stretched balance sheets is putting a damper on new projects. Shareholders are signaling to producers that they want returns (buybacks and dividends), not higher production, when high leverage is addressed. Without production growth, jobs and RE will remain weak.

<< Previous

Bullboard Posts

Next >>

Visionstate set to leverage success in the U.S. market