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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 autofocus111on Jul 13, 2023 9:19am
46 Views
Post# 35538964

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

RE:RE:RE:RE:RE:TD's Upgrading to ACTION LIST BUY from Buy; Q2/21 Results Less than a year ago? My last post on this thread was nearly two years ago, and it was predicated on the assumption of oil prices not moving up above $60. Obviously with higher oil prices the investment thesis changed. And despite oil pushing well into the 80's and sustained prices above $70, the stonk is a mere 10% above that $59 target TD laid out back then.

PS: No comment on my recent post about 'strategic moderation of rents' stated in the perational update a short while back? Anyway, I am out if the stock hits $70, as I stated in several more recent posts.
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