Boardwalk Real Estate Investment Trust has declared its March 2007 distribution in the amount of 12.33 cents per Trust unit. The distribution will be payable on April 16, 2007 to unitholders of record on March 30, 2007.
To encourage participation and reward unitholders, investors registered in the Distribution Reinvestment plan ("DRIP") will continue to receive a "bonus" distribution of additional Trust Units representing 3% of the amount of their cash distributions reinvested pursuant to the Plan. A full copy of the DRIP can be found on the Trust's website at www.boardwalkREIT.com.
Corporate Profile
Boardwalk REIT is Canada's largest owner/operator of multi-family rental communities. Boardwalk REIT currently owns and operates in excess of 260 properties with over 35,800 rental units totaling approximately 30 million net rentable square feet. The Trust's portfolio is concentrated in the provinces of Alberta, British Columbia, Saskatchewan, Ontario and Quebec.
Boardwalk Real Estate Investment Trust's Trust units are listed on the Toronto Stock Exchange, trading under the symbol BEI.UN. The Trust's total market capitalization at December 31, 2006 was $3.9 billion. -- www.cnxmarketlink.com
Stay in touch with HULIQ NEWS on Twitter @HULIQ
Comments
Post new comment