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Bullboard - Stock Discussion Forum Boardwalk Real Estate Investment Trust T.BEI.UN

Alternate Symbol(s):  BOWFF

Real Estate REIT - Residential
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

Boardwalk Real Estate Investment Trust > BNS calling for 2% int rate increase over next 26mo
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Post by malx1 on Oct 20, 2021 1:04pm

BNS calling for 2% int rate increase over next 26mo

https://financialpost.com/news/economy/scotiabank-sees-eight-bank-of-canada-rate-hikes-by-end-of-2023

Some REITs and int rate sensitive co's going to feel pain.  The never-ending rally in housing will see an end.

While I'm not concerned about BEI, there are some highly levered REITs out there who will be squeezed.
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