CALGARY, AB, Feb. 17, 2021 /CNW/ - Boardwalk Real Estate
Investment Trust - TSX: BEI.UN
Boardwalk REIT ("Boardwalk", "The Trust") declared today its
regular distribution for the month of February 2021 to be $0.0834 per Trust Unit, which equates to
$1.00 per Trust Unit on an annualized
basis.
The February distribution will be payable on March 15, 2021 to unitholders of record on
February 26, 2021.
The Trust is announcing its February
2021 distribution in advance of its regularly scheduled
inclusion in Boardwalk's quarterly report, which is scheduled to be
released on February 25, 2021, to
comply with the Toronto Stock Exchange's distribution reporting
requirement of at least five trading days prior to its record
date.
Corporate Profile:
Boardwalk REIT strives to provide Canada's friendliest communities, where
love always livesTM, 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 enhanced returns by increasing 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 bringing Residents home
to properties located in Alberta,
Quebec, Saskatchewan, and Ontario.
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.bwalk.com/investors
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SOURCE Boardwalk Real Estate Investment Trust