CALGARY, Jan. 3, 2018 /PRNewswire/ - Boardwalk Real
Estate Investment Trust ('BEI.UN' – TSX)
Boardwalk REIT would like to announce that its fourth quarter
financial results for the three and twelve-month periods ended
December 31, 2017 will be released
before the market opens on Monday, February
26, 2018.
We invite you to participate in the teleconference held to
discuss these results later that morning on Monday, February 26, 2018, at 9:00am (Mountain),11:00
am (Eastern). Senior Management will speak to the
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).
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: 6198902
Topic: Boardwalk Real Estate Investment Trust, 2017 Fourth Quarter
Results.
Webcast:
Investors will also be able to listen to the call and view the
slide presentation 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://event.on24.com/r.htm?e=1577881&s=1&k=8DAD4FE496C368612B8F389BC4546022
Corporate Profile:
Boardwalk REIT strives to provide Canada's friendliest communities and currently
owns and operates more than 200 communities with over 33,000
residential units totaling over 28 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, development, and effective
management of its residential multi-family communities.
Boardwalk REIT is vertically integrated and is Canada's leading owner/operator of
multi-family communities with 1,700 Associates bringing Residents
home to properties located in Alberta, Saskatchewan, Ontario, and Quebec.
Boardwalk REIT's Trust Units are listed on the Toronto Stock
Exchange, trading under the symbol BEI.UN. 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 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.
SOURCE Boardwalk Real Estate Investment Trust