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Boardwalk REIT Declares Special Non-Cash Distribution Tied to 2025 Asset Sales

Story Highlights
  • Boardwalk REIT has declared a $1.425 special non-cash distribution per unit, payable December 31, 2025.
  • The payout stems from 2025 asset sale gains and will be delivered via new units followed by consolidation.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Boardwalk REIT Declares Special Non-Cash Distribution Tied to 2025 Asset Sales

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Boardwalk REIT ( ($TSE:BEI.UN) ) has shared an update.

Boardwalk REIT has declared a special non-cash distribution of $1.425 per trust unit, payable on December 31, 2025 to unitholders of record that day, reflecting capital gains and other income generated from the sale of several communities during 2025 and the resulting increase in funds from operations above its original annual guidance. The distribution will be effected through the issuance of additional trust units based on the year-end market price, followed immediately by a unit consolidation so that the total number of units outstanding remains unchanged, a structure that adjusts the tax cost base for investors and may have different income tax and withholding implications for Canadian and non-resident unitholders, who are urged to seek their own tax advice.

The most recent analyst rating on ($TSE:BEI.UN) stock is a Buy with a C$69.00 price target. To see the full list of analyst forecasts on Boardwalk REIT stock, see the TSE:BEI.UN Stock Forecast page.

Spark’s Take on TSE:BEI.UN Stock

According to Spark, TipRanks’ AI Analyst, TSE:BEI.UN is a Outperform.

Boardwalk REIT’s strong financial performance and attractive valuation are key strengths, supported by positive earnings call insights. However, technical indicators suggest current market weakness, which tempers the overall score. The company’s solid fundamentals and strategic initiatives position it well for future growth.

To see Spark’s full report on TSE:BEI.UN stock, click here.

More about Boardwalk REIT

Boardwalk Real Estate Investment Trust is a Canadian multi-family residential landlord, providing rental housing in more than 200 communities with about 34,000 residential suites and over 30 million net rentable square feet. Through its three brands—Boardwalk Living, Boardwalk Communities, and Boardwalk Lifestyle—the REIT targets a broad demographic across the resident life cycle, emphasizing disciplined capital allocation, development and repositioning of apartment communities, and a service-focused operating model that aims to drive high resident retention, strong operating results, and stable distributions for investors.

YTD Price Performance: 1.25%

Average Trading Volume: 103,823

Technical Sentiment Signal: Hold

Current Market Cap: C$3.39B

For a thorough assessment of BEI.UN stock, go to TipRanks’ Stock Analysis page.

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