Boardwalk REIT Reports Strong Leasing and Strategic Acquisition

Boardwalk REIT ( ($TSE:BEI.UN) ) has provided an announcement.

Boardwalk REIT has reported strong leasing performance with a steady occupancy rate of 97.8% as of October 2025 and increasing occupied rents. The company has also made strategic capital allocations, including the acquisition of a fully-occupied high-rise community in Saskatoon for $39 million, which enhances its portfolio and offers a projected cap rate of 5.5%. This acquisition aligns with Boardwalk’s strategy to invest in high-demand, affordable markets and is expected to provide value to unitholders.

The most recent analyst rating on ($TSE:BEI.UN) stock is a Buy with a C$79.00 price target. To see the full list of analyst forecasts on Boardwalk REIT stock, see the TSE:BEI.UN Stock Forecast page.

Spark’s Take on TSE:BEI.UN Stock

According to Spark, TipRanks’ AI Analyst, TSE:BEI.UN is a Outperform.

Boardwalk REIT’s strong financial performance and positive earnings call are the most significant factors contributing to the high score. The company’s robust profitability, efficient operations, and strategic growth initiatives are key strengths. While technical indicators suggest some short-term bearish trends, the stock’s attractive valuation and solid dividend yield provide additional support. Overall, the company is well-positioned in the residential REIT sector, with a favorable outlook despite some market challenges.

To see Spark’s full report on TSE:BEI.UN stock, click here.

More about Boardwalk REIT

Boardwalk Real Estate Investment Trust (REIT) operates in the real estate industry, focusing on residential properties. The company primarily offers rental accommodations and is known for its quality communities across Canada, with a significant market presence in Alberta.

Average Trading Volume: 98,988

Technical Sentiment Signal: Buy

Current Market Cap: C$3.66B

For an in-depth examination of BEI.UN stock, go to TipRanks’ Overview page.