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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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