TSX:BEI.UNResidential REITs
Is Boardwalk’s Lower Net Income Amid Higher Sales and Raised NOI Guidance Changing the Case for TSX:BEI.UN?
Boardwalk Real Estate Investment Trust recently announced its third-quarter and nine-month 2025 earnings, reporting higher sales of C$160.77 million for the quarter and C$473.79 million for the nine months, but a significant year-over-year decrease in net income for both periods.
Alongside the earnings, the company raised its full-year guidance for Same Property NOI Growth and reaffirmed its upcoming monthly cash distributions to unitholders.
We'll explore how the decline in net income...