TSX:BEI.UNResidential REITs
How Investors Are Reacting To Boardwalk REIT (TSX:BEI.UN) Expanding With Saskatchewan Townhome Acquisitions
Earlier this month, Boardwalk Real Estate Investment Trust completed the acquisition of three modern Saskatchewan townhome communities, totaling 235 suites in Saskatoon and Regina, for C$71.1 million at an approximate 5.2% cap rate.
This off-market purchase not only expands the Trust's presence in two of Canada’s strongest rental markets but also brings operational efficiencies by aligning new assets with existing neighboring properties.
We'll explore how expanding in Saskatoon and Regina...