Boardwalk REIT PT receives Investment Bank Analyst Rating Update
$2.3 billion Boardwalk REIT (TSX:BEI.UN) is the owner and operator of multi-family rental communities. It owns approximately 200 rental units comprised of more than 33,000 suites....
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Boardwalk Real Estate Investment Trust (Trust) is a Canada-based open-ended real estate investment trust (REIT). The Trust specializes in multi-family rental communities. Its objectives are to provide Resident Members with superior rental communities and the 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. It owns and operates over 200 properties, which comprise of over 33,000 residential units, and totaling over 28 million net rentable square feet. Its brands include Boardwalk Living, Boardwalk Communities, and Boardwalk Lifestyle cater to a huge and diverse demographic and has evolved to capture the life cycle of all resident members.
|Average||60.36 (+7.37% Upside)|
|No. of Analysts||11|