Company Boardwalk Real Estate Investment Trust

Equities

BEI.UN

CA0966311064

Residential REITs

Market Closed - Toronto S.E. 04:00:00 2024-04-26 pm EDT 5-day change 1st Jan Change
73.09 CAD -0.22% Intraday chart for Boardwalk Real Estate Investment Trust +1.85% +2.45%

Business Summary

Boardwalk Real Estate Investment Trust (Trust) is a Canada-based open-ended real estate investment trust, which owns/operates multi-family rental communities. It provides homes in more than 200 communities, with over 33,000 residential suites totaling over 29 million net rentable square feet. Its brands include Boardwalk Living, Boardwalk Communities, and Boardwalk Lifestyle. Its three-tiered brands, namely Boardwalk Living, Boardwalk Communities, and Boardwalk Lifestyle, caters to a diverse demographic. Its objectives are to provide Resident Members with superior quality rental communities and the best 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.

Number of employees: 1,558

Sales per Business

CAD in Million2022Weight2023Weight Delta
Lease
95.5 %
472 95.3 % 521 95.5 % +10.41%
Parking
1.8 %
9 1.8 % 10 1.8 % +8.63%
Recoveries (Cable, Retirement) and Telephone and Cable Providers
1.3 %
7 1.4 % 7 1.3 % +8.08%
Coin Laundry Machines
0.8 %
4 0.8 % 5 0.8 % +10.02%
Other
0.6 %
3 0.6 % 3 0.6 % -0.34%

Sales per region

CAD in Million2022Weight2023Weight Delta
Canada
100.0 %
495 100.0 % 546 100.0 % +10.28%

Managers

Managers TitleAgeSince
Chief Executive Officer 58 83-12-31
Founder 61 83-12-31
Director of Finance/CFO - 07-12-31
President - 09-12-31
Chief Operating Officer - 19-02-28
Chief Tech/Sci/R&D Officer - 17-12-31
Director/Board Member 32 13-05-13
Investor Relations Contact - -
Corporate Officer/Principal - 20-01-31
Corporate Officer/Principal - -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 49 17-05-21
Director/Board Member 63 17-05-10
Chief Executive Officer 58 83-12-31
Director/Board Member 77 09-05-12
Director/Board Member 48 22-05-08
Director/Board Member 32 13-05-13
Director/Board Member 53 19-05-14

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 4,475,000 0 0 75.25 %
Stock B 1 49,390,146 40,531,815 ( 82.06 %) 0

Shareholders

NameEquities%Valuation
Boardwalk Properties Co. Ltd.
17.56 %
8,675,000 17.56 % 496 M $
Sentry Investments, Inc.
0.7939 %
392,109 0.7939 % 22 M $
Middlefield Capital Corp.
0.6297 %
311,000 0.6297 % 18 M $
ATB Investment Management, Inc.
0.5017 %
247,800 0.5017 % 14 M $
Barclays Global Investors (Canada) Ltd.
0.3850 %
190,149 0.3850 % 11 M $
Manulife Investment Management Ltd.
0.3250 %
160,533 0.3250 % 9 M $
Stanton Asset Management, Inc.
0.2294 %
113,300 0.2294 % 6 M $
SEI Investments Canada Co.
0.1919 %
94,800 0.1919 % 5 M $
Brompton Funds Ltd.
0.1775 %
87,673 0.1775 % 5 M $
Sionna Investment Managers, Inc.
0.1768 %
87,303 0.1768 % 5 M $
NameEquities%Valuation
Boardwalk Properties Co. Ltd.
100.00 %
4,475,000 100.00 % 256 M $
Amundi Asset Management SA (Investment Management)
0.0494 %
2,211 0.0494 % 126 447 $

Company contact information

Boardwalk Real Estate Investment Trust

First West Place 1501-1st Street SW

T2R 0W1, Calgary

+403 531 9255

http://www.bwalk.com
address Boardwalk Real Estate Investment Trust(BEI.UN)

Group companies

NameCategory and Sector
Real Estate Investment Trusts
Real Estate Investment Trusts
Real Estate Investment Trusts

Sales per Business

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
9
Last Close Price
73.25 CAD
Average target price
84.97 CAD
Spread / Average Target
+16.00%
Consensus

Quarterly revenue - Rate of surprise

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