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Boardwalk REIT announces amendments to dates for previously announced February and April monthly distribution
Boardwalk REIT announces amendments to dates for previously announced February and April monthly ...
About this update from Boardwalk Real Estate Investment Trust
[{"type":"text","content":"\n\n\n\nFeb. 23, 2010 (Canada NewsWire Group) -- CALGARY, Feb. 23 /CNW/ -- Boardwalk Real Estate Investment Trust (\"BEI.UN\" - TSX) has amended the record date for its previously announced February 2010 distribution, and the record date and payable date for its previously announced April 2010 distribution, both in the amount of 15.00 cents per Trust Unit.The amended dates are as follow:The February distribution will be payable on March 15, 2010 to Unitholders of Record on February 26, 2010 (changed from February 28, 2010).The April distribution will be payable on May 17, 2010 (changed from May 16, 2010) to Unitholders of Record on April 30, 2010 (changed from April 29, 2010).The dates for the previously announced March distribution remain unchanged, with a record date of March 31, 2010, payable on April 15, 2010 in the amount of 15.00 cents per Trust Unit.Corporate ProfileBoardwalk REIT is an open-ended real estate investment trust formed to acquire all of the assets and undertakings of Boardwalk Equities Inc. Boardwalk REIT's principal objectives are to provide its unitholders with monthly cash distributions, partially on a Canadian income tax-deferred basis, and to increase the value of its units through the effective management of its residential multi-family revenue producing properties and the acquisition of additional properties. Boardwalk REIT currently owns and operates in excess of 260 properties with 36,419 units totalling approximately 31 million net rentable square feet, and is Canada's largest owner/operator of multi-family rental communities. Boardwalk REIT's portfolio is concentrated in the provinces of Alberta, British Columbia, Saskatchewan, Ontario and Quebec.CAUTIONARY STATEMENTS REGARDING FORWARD-LOOKING STATEMENTSInformation in this news release that is not current or historical factual information may constitute forward-looking information within the meaning of securities laws. Implicit in this information, particularly in respect of our objectives for 2009 and future periods, our 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, are estimates and assumptions subject to risks and uncertainties, including those de...