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Boardwalk REIT Reports Solid First Quarter Results With Funds From Operations Per Unit Growth of 4.8%

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SUMMARY HIGHLIGHTS FOR THE THREE-MONTH PERIOD ENDED MARCH 31, 2021
HEALTH AND SAFETY THROUGH THE COVID-19 PANDEMIC REMAINS A PRIORITY AS WE CONTINUE TO PROVIDE OUR ESSENTIAL SERVICE OF SAFE AND AFFORDABLE HOUSING
SOLID FFO PERFORMANCE
RESILIENT OPERATIONAL RESULTS THROUGH THE WINTER MONTHS
Strong same-property revenue and net operating income growth in Ontario, Quebec, and Saskatchewan.
Occupancy gains and revenue optimization during the first quarter providing positive trend in Alberta portfolio.
April 2021 occupancy of 95.7%, an increase of 100 basis points from February 2021.
Q1 2021 same-property occupancy of 94.9% through additional government-imposed lockdowns and seasonally slower period.
Continued sustainable reduction of incentives on lease renewals. ....

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Boardwalk REIT Reports Strong Results Through 2020 With Funds From Operation Per Unit Growth of 6.6%

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SUMMARY HIGHLIGHTS FOR THE THREE AND TWELVE-MONTH PERIODS ENDED DECEMBER 31, 2020
HEALTH AND SAFETY THROUGH THE COVID-19 PANDEMIC REMAINS PRIORITY AS WE CONTINUE TO PROVIDE OUR ESSENTIAL SERVICE OF SAFE AND AFFORDABLE HOUSING
RESILIENT PERFORMANCE
Funds From Operations (FFO) of $2.74 per Trust Unit; an increase of 6.6%
Excluding retirement costs of $3.7 million, FFO of $2.81 per Trust Unit, an increase of 9.3%
2.3% same-property revenue growth
FOR THE THREE MONTH PERIOD ENDED DECEMBER 31, 2020
Funds From Operations (FFO) of $0.67 per Trust Unit; an increase of 6.3%
0.3% same-property revenue growth
SOLID OPERATIONAL RESULTS
Q4 2020 same-property occupancy of 95.71% through additional government imposed lockdowns and seasonally slower period ....

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Boardwalk REIT Reports Strong Results Through 2020 With Funds From Operation Per Unit Growth of 6.6%

Boardwalk REIT Reports Strong Results Through 2020 With Funds From Operation Per Unit Growth of 6.6%
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