Company type | Public |
---|---|
TSX: BEI.UN | |
Industry | Real Estate |
Founded | 1984 |
Headquarters | , |
Key people | Sam Kolias (CEO) |
Number of employees | 1,300 |
Website | www.bwalk.com |
Boardwalk Real Estate Investment Trust is an open-ended real estate investment trust that owns Boardwalk Communities, Structures Metropolitaines, and Boardwalk Retirement Community.[2]
The company owns a mixture of high-rise, mid-rise and low-rise apartment buildings in the provinces of Alberta, Saskatchewan, British Columbia, Ontario and Quebec.
Boardwalk owns 260 properties with 36,418 units totalling approximately 31 million net rentable square feet.[3][4]
The company is listed on the Toronto Stock Exchange and as of May 5, 2020, it had a market capitalization of approximately $1.7 billion dollars.[5][6][7][8][9][10][11][12]
The majority of Nuns' Island in Montreal is owned by Boardwalk through Structures Metropolitaines.[13]
Boardwalk's growth strategy involves "repositioning" its more affordable Boardwalk Living units by renovating and re-leasing them at higher rents.