Professional
Added to YB: 2021-07-30
Pitch date: 2021-07-30
BOWFF [bullish]
Boardwalk Real Estate Investment Trust
+49.33%
current return
Author Info
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Company Info
Boardwalk REIT strives to be Canada's friendliest community provider and is a leading owner/operator of multi-family rental communities.
Market Cap
CAD 3.2B
Pitch Price
CAD 41.79
Price Target
N/A
Dividend
2.45%
EV/EBITDA
19.47
P/E
9.20
EV/Sales
10.93
Sector
Residential REITs
Category
growth
Show full summary:
Appleseed Fund new holding: Boardwalk REIT (BOWFF)
BOWFF: Boardwalk REIT owns 33K+ Canadian apartments. Occupancy +1% since Feb with tailwinds from immigration, limited supply, economic reopening. Kolias family owns 26%. Trades at 35% discount to NAV. Alberta exposure a concern but fundamentals remain favorable.
Read full article (1 min)