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.

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Boardwalk Real Estate Investment Trust > Moving to MRG.un

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Comment by autofocus111on Nov 18, 2021 7:01pm

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RE:RE:RE:Moving to MRG.un

When I bought units of BEI half a decade ago, it was trading below NAV. It has traded below NAV since then. I'm not convinced it will ever trade at a premium to it as long as they stick with an Alberta-heavy asset weighting. FYI: Back when I purchased the units it was yielding close to 5%.

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