CALGARY, AB, Dec. 6, 2021 /PRNewswire/ - Boardwalk Real
Estate Investment Trust (TSX: BEI.UN)
Boardwalk REIT ("Boardwalk", "The Trust") is excited to announce
the roll-out of its BWell certification program, which champions
its long-standing commitment to the health and well-being of its
communities. This rigorous certification will assess and award
Boardwalk communities which prioritize the design, development and
integration of innovative programs and strategies compliant with
the safety, inclusivity, diversity and sustainability of all
Resident Members and Associates.
Since the introduction of the program, Boardwalk in partnership
with its Resident Members, has launched unique initiatives such as:
the Boardwalk Food Pantry, a response to the food scarcity gap
within Canada, The Rise
Scholarship Fund for Resident Members which empowers people through
further access to higher education, a Boardwalk Community Watch to
increase the safety and security of our communities, an impactful
urban beekeeping initiative with Alveole, a game-changing
partnership with Dress for Success & My
Best Friend's Closet to further empower women through attire
and professional training resources, and several transformational
urban farming projects with MicroHabitat.
Boardwalk locations participating in these initiatives, will
receive a BWell crest, which will be prominently displayed within
their communities. With a goal to certify all communities and
further improve on its positive ESG contributions, Boardwalk will
continue to align and tailor National programs against four impact
categories (as described below) which will be rooted in
strengthening communities, promoting sustainability awareness,
nurturing well-being and fostering a deeper sense of belonging for
all Resident Members and Associates.
The BWELL Certification Impact Pillars
1. Building Community Health & Well-Being
2. Supporting Diversity, Equality & Inclusion
3. Promoting Occupant Safety
4. Strengthening Our Communities Through Sustainable
Initiatives
Sam Kolias, Chairman and Chief
Executive Officer of Boardwalk REIT commented: "We are so proud of
the innovative and industry leading roll-out of our own customized
health and well-being certification program. Words cannot express
the gratitude for our entire team for their commitment to safety,
inclusion, diversity and well-being in our communities. Thank you
for continuing to share in our love of community."
CORPORATE PROFILE
Boardwalk REIT strives to be Canada's friendliest multi-family community
provider and is a leading owner/operator of multi-family rental
communities. Providing homes in more than 200 communities,
with over 33,000 residential units totaling over 28 million net
rentable square feet, Boardwalk has a proven long-term track record
of building better communities, where love always
livestm. Our three-tiered and distinct brands:
Boardwalk Living, Boardwalk Communities and Boardwalk Lifestyle,
cater to a large and diverse demographic and has evolved to capture
the life cycle of all Resident Members. Boardwalk's
disciplined approach to capital allocation, acquisition,
development, purposeful re-positioning, and management of apartment
communities allows the Trust to provide its brand of community
across Canada creating exceptional
Resident Member experiences. Differentiated by its peak performance
culture, Boardwalk is committed to delivering exceptional service,
product quality and experience to our Resident Members who reward
us with high retention and market leading operating results, which
in turn, lead to higher free cash flow and investment returns,
stable monthly distributions, and value creation for all our
stakeholders.
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