TSX SYMBOL: BEI.UN April 10, 2007
Boardwalk REIT Announces Timing of Release of its First Quarter Financial Results for the Period Ended March 31st, 2007
Calgary, Alberta – April 10, 2007
- Boardwalk Real Estate Investment Trust ("BEI.UN" - TSX)
Boardwalk would like to announces that its financial
results for the first quarter ended March 31st, 2007
will be released on the morning of
Friday, May 11th, 2007 (the day following Boardwalk's
Annual and Special Meeting of Unitholders). We invite
you to participate in the teleconference held to discuss
these results that same morning at 11:00 am ET. Senior
management will speak to the financial results and
provide an update. Presentation materials will be made
available on our website (http://www.boardwalkreit.com)
prior to the call.
Participation & Registration:
Please RSVP to Investor Relations at
403-531-9255 or by email to investor@bwalk.com.
Teleconference:
The telephone numbers for the conference are
416-644-3418 (within Toronto) or
toll-free 1-800-814-4861 (outside Toronto).
Webcast:
Investors will be able to listen to the call and view
our slide presentation over the Internet by visiting
http://www.boardwalkreit.com 15 min. prior
to the start of the call. An information page will be
provided for any software needed and system requirements.
The live audiocast will also be available at
www.newswire.ca/en/webcast/viewEvent.cgi?eventID=1800920
Corporate Profile
Boardwalk REIT is an open-ended real estate investment
trust formed to acquire all of the assets and undertakings
of Boardwalk Equities Inc.
Boardwalk REIT's principal objectives are to provide its
unitholders with monthly cash distributions, partially on
a Canadian income tax-deferred basis, and to increase the
value of its units through the effective management of
its residential multi-family revenue producing properties
and the acquisition of additional properties. Boardwalk REIT
currently owns and operates in excess of 260 properties with
over 35,800 units totalling approximately 29 million net
rentable square feet, and is Canada's largest owner/operator
of multi-family rental communities. Boardwalk REIT's portfolio
is concentrated in the provinces of Alberta, British Columbia,
Saskatchewan, Ontario and Quebec.
Boardwalk REIT's Trust units are listed on the
Toronto Stock Exchange, trading under the symbol BEI.UN.
The Trust's total market capitalization at
March 31st, 2007 was $4.1 billion.
Forward Looking Information
This news release contains forward-looking statements
relating to our operations and the environment in which
we operate, which are based on our expectations, estimates,
forecast and projections, which we believe are reasonable
as of the current date. These statements are not guarantees
of future performance and involve risks and uncertainties
that are difficult to control or predict. For more exhaustive
information on these risks and uncertainties you should refer
to our most recently filed annual information form which is
available at www.sedar.com. Actual outcomes and results may
differ materially from those expressed in these
forward-looking statements. Readers, therefore, should not
place undue reliance on any such forward-looking statements.
Further, a forward-looking statement speaks only as of the
date on which such statement is made and should not be
relied upon as of any other date. While we may elect to,
we undertake no obligation to publicly update any such
statement to reflect new information or the occurrence
of future events or circumstances at any particular time.
For further information please contact:
Boardwalk REIT
Sam Kolias,
President and CEO,
(403) 531-9255;
Roberto Geremia,
Senior Vice President, Finance
and Chief Financial Officer,
(403) 531-9255;
