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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 Oct 11, 2023 3:20pm
49 Views
Post# 35679313

RE:There it is again

RE:There it is again
autofocus111 wrote: A new pre-earnings update with the same statement about strategic moderation of rent increases. Why would you want to do that, even as your costs rise due to inflation and higher lending rates? The only conclusion I can arrive at is that if they try for higher increases, renters will not sign up for it, despite the tight market Do renters see better value/quality at competitors?

>>>Our team remains committed to retaining the relative affordability of our communities through our strategic moderation of both renewals and new leases in our non-price controlled markets, where occupied rents remain below inflation-adjusted levels since 2014. 


@autofocus123 you're a funny guy
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