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Boardwalk REIT Announces Growth-Driven Acquisitions

Boardwalk REIT Announces Growth-Driven Acquisitions

Boardwalk REIT (TSE:BEI.UN) has released an update.

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Boardwalk REIT has reported robust occupancy and rental revenue growth, with promising acquisitions poised to enhance stakeholder value. The Trust has successfully acquired three properties, including a 255-suite community and a fully occupied townhome community in Calgary, as well as a 6-unit property with redevelopment potential. These strategic investments are expected to contribute to Boardwalk’s organic growth and strengthen its performance for Unitholders.

For further insights into TSE:BEI.UN stock, check out TipRanks’ Stock Analysis page.

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