CALGARY, July 2, 2015 /PRNewswire/ - Boardwalk Real
Estate Investment Trust ('BEI.UN' – TSX)
Boardwalk REIT would like to announce that its second quarter
financial results for the three and six month periods ended
June 30, 2015 will be released after
market close on August 13, 2015.
We invite you to participate in the teleconference held to
discuss these results the following morning August 14, 2015, at 9:00am (Mountain),11:00
am (Eastern). Senior Management will speak to the
period's results and provide a financial and operational update.
Presentation and supplemental materials will be made
available on our website prior to the call (please visit:
www.BoardwalkREIT.com).
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 toll-free
1-888-231-8191 (within North
America) and 647-427-7450 (International).
Note: Please provide the operator with the below Conference Call
ID or Topic when dialing in to the call.
Conference ID: 76129314
Topic: Boardwalk Real Estate Investment Trust, 2015 Second Quarter
Results.
Webcast:
Investors will be able to listen to the call and view the slide
presentation over the Internet by visiting www.BoardwalkREIT.com on
the morning of the call. An information page will be provided
for any software and system requirements. The live webcast
and slide presentation will also be available at:
http://cnw.ca/n1erl
Corporate Profile:
Boardwalk REIT strives to be Canada's friendliest landlord and currently
owns and operates more than 220 communities with over 34,000
residential units totaling over 29 million net rentable square
feet. Boardwalk's principal objectives are to provide its
Residents with the best quality communities and superior customer
service, while providing Unitholders with sustainable monthly cash
distributions, and increase the value of its trust units through
selective acquisitions, dispositions, development, and effective
management of its residential multi-family communities.
Boardwalk REIT is vertically integrated and is Canada's leading owner/operator of
multi-family communities with 1,500 Associates bringing Residents
home to properties located in Alberta, Saskatchewan, Ontario, and Quebec.
Boardwalk REIT's Trust units are listed on the Toronto Stock
Exchange, trading under the symbol BEI.UN. Additional
information about Boardwalk REIT can be found on the Trust's
website at www.BoardwalkREIT.com.
CAUTIONARY STATEMENTS REGARDING FORWARD-LOOKING
STATEMENTS
This news release contains forward-looking statements within
the meaning of applicable securities laws. These statements
include, but are not limited to, statements made in this News
Release, and other statements concerning Boardwalk's objectives,
its strategies to achieve those objectives, as well as statements
with respect to management's beliefs, plans, estimates, and
intentions, and similar statements concerning anticipated future
events, results, circumstances, performance or expectations that
are not historical facts. Forward-looking statements
generally can be identified by the use of forward-looking
terminology such as "outlook", "objective", "may", "will", "would",
"expect", "intend", "estimate", "anticipate", "believe", "should",
"plan", "continue", or similar expressions suggesting future
outcomes or events. Such forward-looking statements reflect
management's current beliefs and are based on information currently
available to management. All forward-looking statements in
this News Release are qualified by these cautionary
statements.
These statements are not guarantees of future events or
performance and, by their nature, are based on Boardwalk's
estimates and assumptions, which are subject to risks and
uncertainties, including those described under "Risks and
Uncertainties" in the Management's Discussion & Analysis of
Boardwalk REIT's 2014 Annual Report, which could cause actual
events or results to differ materially from the forward-looking
statements contained in this News Release. Those risks and
uncertainties include, but are not limited to, those related to:
liquidity in the global marketplace associated with current
economic conditions, occupancy levels, access to debt and equity
capital, interest rates, the relative illiquidity of real property,
unexpected costs or liabilities related to acquisitions or
dispositions, construction, environmental matters, legal matters,
reliance on key personnel, income taxes, the conditions to the
transactions not being satisfied resulting in the failure to
complete some or all of the proposed transactions described herein,
the trading price of the securities of Boardwalk, lack of
availability of acquisition or disposition opportunities for the
Trust and exposure to economic, real estate and capital market
conditions in North America. Material factors or assumptions
that were applied in drawing a conclusion or making an estimate set
out in the forward-looking information may include, but are not
limited to: that the general economy remains stable, interest rates
are relatively stable, acquisition/disposition capitalization rates
are stable, competition for acquisition or disposition of
residential apartments remains intense, and equity and debt markets
continue to provide access to capital. These
assumptions, although considered reasonable by the Trust at the
time of preparation, may prove to be incorrect. 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.
Although the forward-looking information contained in this
News Release is based upon what management believes are reasonable
assumptions, there can be no assurance that actual results will be
consistent with these forward-looking statements. Certain
statements included in this News Release may be considered
"financial outlook" for purposes of applicable securities laws, and
such financial outlook may not be appropriate for purposes other
than this News Release. You should not place undue importance
on forward-looking information and should not rely upon this
information as of any other date. While we may elect to, we are
under no obligation and do not undertake to update this information
at any particular time.
SOURCE Boardwalk Real Estate Investment Trust