Boardwalk REIT (TSE:BEI.UN) has released an update.
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Boardwalk REIT has reported a significant increase in financial performance for Q2 2024, with Funds From Operations (FFO) per Unit rising by 16.9% and Net Operating Income (NOI) by 15.7% compared to Q2 2023. The company has also demonstrated strong leasing strength, with a 9.5% growth in same property rental revenue and high occupancy rates. Additionally, Boardwalk REIT has updated its 2024 financial guidance, indicating a positive outlook for investors.
For further insights into TSE:BEI.UN stock, check out TipRanks’ Stock Analysis page.