Boardwalk REIT announces timing of release of its Second Quarter financial results for the three month period ended June 30, 20
03 Luglio 2012 - 3:00PM
PR Newswire (Canada)
CALGARY, July 3, 2012 /CNW/ - Boardwalk REIT would like to announce
that its Second Quarter financial results for the three month
period ended June 30, 2012 will be released after market close on
August 14, 2012. We invite you to participate in the teleconference
held to discuss these results the following morning, August 15,
2012, at 11:00 am EST. Senior Management will speak to the period's
results and provide a financial and operational update.
Presentation and supplemental materials will be made available on
our website prior to the call (please visit:
www.BoardwalkREIT.com). Participation & Registration: Please
RSVP to Investor Relations at 403-206-6739 or by email to:
investor@bwalk.com. Teleconference: The telephone numbers for
the conference are toll-free 1-888-231-8191 (within North America)
and 647-427-7450 (International). Note: Please provide the operator
with the below Conference Call ID or Topic when dialing in to the
call. Conference ID: 85387298 Topic: Boardwalk Real Estate
Investment Trust, 2012 Second Quarter Results. Webcast:
Investors will be able to listen to the call and view the slide
presentation over the Internet by visiting www.BoardwalkREIT.com on
the morning of the call. An information page will be provided
for any software and system requirements. The live webcast and
slide presentation will also be available at:
http://www.newswire.ca/en/webcast/detail/980135/1054563 Corporate
Profile: Boardwalk REIT is Canada's friendliest landlord and
currently owns and operates more than 225 properties with 35,277
residential units (as at March 31, 2012) totaling approximately 30
million net rentable square feet. Boardwalk's principal
objectives are to provide its Residents with the best quality
communities and superior Customer Service, while providing
Unitholders with sustainable monthly cash distributions, and
increase the value of its Trust Units through selective
acquisitions, dispositions, and effective management of its
residential multi-family properties. Boardwalk REIT is
vertically integrated and is Canada's leading owner/operator of
Multi-Family Communities with 1,600 Associates bringing Customers
home to properties located in Alberta, Saskatchewan, Ontario,
Quebec, and British Columbia. Boardwalk REIT's Trust units are
listed on the Toronto Stock Exchange, trading under the symbol
BEI.UN. The Trust's total Enterprise Value as of March 31, 2012 is
approximately $5.2 billion. Additional information about Boardwalk
REIT can be found on the Trust's website at www.BoardwalkREIT.com.
CAUTIONARY STATEMENTS REGARDING FORWARD-LOOKING STATEMENTS This
news release contains forward-looking statements within the meaning
of applicable securities laws. These statements include, but
are not limited to, statements made in this News Release, and other
statements concerning Boardwalk's objectives, its strategies to
achieve those objectives, as well as statements with respect to
management's beliefs, plans, estimates, and intentions, and similar
statements concerning anticipated future events, results,
circumstances, performance or expectations that are not historical
facts. Forward-looking statements generally can be identified
by the use of forward-looking terminology such as "outlook",
"objective", "may", "will", "would", "expect", "intend",
"estimate", "anticipate", "believe", "should", "plan", "continue",
or similar expressions suggesting future outcomes or events.
Such forward-looking statements reflect management's current
beliefs and are based on information currently available to
management. All forward-looking statements in this News
Release are qualified by these cautionary statements. These
statements are not guarantees of future events or performance and,
by their nature, are based on Boardwalk's estimates and
assumptions, which are subject to risks and uncertainties,
including those described under "Risks and Uncertainties" in the
Management's Discussion & Analysis of Boardwalk REIT's 2011
Annual Report, which could cause actual events or results to differ
materially from the forward-looking statements contained in this
News Release. Those risks and uncertainties include, but are
not limited to, those related to: liquidity in the global
marketplace associated with current economic conditions, occupancy
levels, access to debt and equity capital, interest rates, the
relative illiquidity of real property, unexpected costs or
liabilities related to acquisitions or dispositions, construction,
environmental matters, legal matters, reliance on key personnel,
income taxes, the conditions to the transactions not being
satisfied resulting in the failure to complete some or all of the
proposed transactions described herein, the trading price of the
securities of Boardwalk, lack of availability of acquisition or
disposition opportunities for the Trust and exposure to economic,
real estate and capital market conditions in North America.
Material factors or assumptions that were applied in drawing a
conclusion or making an estimate set out in the forward-looking
information may include, but are not limited to: that the
general economy remains stable, interest rates are relatively
stable, acquisition/disposition capitalization rates are stable,
competition for acquisition or disposition of residential
apartments remains intense, and equity and debt markets continue to
provide access to capital. These assumptions, although
considered reasonable by the Trust at the time of preparation, may
prove to be incorrect. For more exhaustive information on
these risks and uncertainties you should refer to our most recently
filed annual information form which is available at www.sedar.com.
Although the forward-looking information contained in this News
Release is based upon what management believes are reasonable
assumptions, there can be no assurance that actual results will be
consistent with these forward-looking statements. Certain
statements included in this News Release may be considered
"financial outlook" for purposes of applicable securities laws, and
such financial outlook may not be appropriate for purposes other
than this News Release. You should not place undue importance
on forward-looking information and should not rely upon this
information as of any other date. While we may elect to, we are
under no obligation and do not undertake to update this information
at any particular time. Boardwalk Real Estate Investment Trust
CONTACT: Boardwalk REITInvestor Relations(403)
531-9255investor@bwalk.com
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