Corporate Governance

The governance of our Trust is based on our guiding principles and the mandate of our Board of Trustees. These principles and values transcend through all Boardwalk Associates through their daily professional conduct. Boardwalk has clear policies in relation to corporate responsibility, including corporate governance and ethics, employee relations, audit and risk management.

Our Mission, Vision and Values as well as our Code of Conduct provide a framework for our Trustees and Associates when dealing with complex and sensitive issues that may arise in the normal course of business. These standards also serve to provide accountability to those who do not adhere to these values and standards.

As a Trust listed on the Toronto Stock Exchange (TSX), Boardwalk either meets or exceeds the guidelines set-out by the TSX regarding effective corporate governance. A detailed description of our corporate governance practices, as well as the disclosure required by the TSX, can be found in our Annual Information Form (AIF) filed on SEDAR in connection with our annual filing requirements.

Analyst Coverage

  • BMO Nesbitt Burns
    Heather Kirk 416-359-4030
  • Canaccord Genuity
    Mark Rothschild 416-869-7280
  • CIBC World Markets
    Dean Wilkinson 416-594-7194
  • Desjardins Capital Markets
    Michael Markidis 416-607-3028
  • Dundee Securities
    Frederic Blondeau 514-396-0309
  • GMP Securities
    Jimmy Shan 416-943-6148
  • National Bank Financial
    Matt Kornack 416-507-8104
  • Raymond James
    Ken Avalos 416-777-7086
  • RBC Dominion Securities
    Neil Downey 416-842-7835
  • Scotia Capital
    Mario Saric 416-863-7824
  • TD Securities
    Jonathan Kelcher 416-307-9931

Boardwalk Real Estate Investment Trust

Boardwalk REIT strives to be Canada’s friendliest landlord and currently owns and operates more than 200 communities with over 33,000 residential units totalling approximately 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 1,400 Associates bringing Residents home to properties located in Alberta, Saskatchewan, Ontario, and Quebec.

Q4 - 2017 Statistics

  • Business Sector:
  • Multi-family Residential Real Estate

  • TSX Symbol:
  • BEI.UN

  • Closing Price:
  • $48.46

  • Trust Units Outstanding
    (Period End):
  • 50.8 Million

  • Total Fair Value:
  • $5.7 Billion

  • Total Debt:
  • $2.5 Billion

  • Total Debt (Net of Cash)
    / Fair Value:
  • 43%

As of December 30, 2016

Q4 - 2017 Statistics

  • Business Sector:
  • Multi-family Residential Real Estate

  • TSX Symbol:
  • BEI.UN

  • Closing Price:
  • $48.46

  • Trust Units Outstanding
    (Period End):
  • 50.8 Million

  • Total Fair Value:
  • $5.7 Billion

  • Total Debt:
  • $2.5 Billion

  • Total Debt (Net of Cash)
    / Fair Value:
  • 43%

As of December 30, 2016