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Bullboard - Stock Discussion Forum 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... see more

TSX:BEI.UN - Post Discussion

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Post by avertrisk on Apr 27, 2021 1:22pm

take out target

I had suggested a strategy to sell non-core assets and use funds to re-purchase shares, which are at a deep discount to NAV.  Seems like a win/win.

However, firm is committed to re-invest capital into newer properties and upgrades, so it will just be matter of time before private equity will target the discount.

IMHO
Comment by autofocus111 on May 06, 2021 4:25pm
Not until it is back in the 40's please. And screw PE. I'd rather see a merger with another publicly-traded REIT. A combination with REI would be interesting. They have a project together.
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