Boardwalk Real Estate Investment Trust Posts Lower FFO, Revenue for Third Quarter

05:28 PM EST, 11/03/2026 (MT Newswires) -- Boardwalk Real Estate Investment Trust (BEI-UN.TO) after trade Tuesday reported third-quarter funds from operations per unit of CA$1.21, down from CA$1.23 a year ago. Analysts polled by FactSet expected FFO per share of CA$1.21. Rental revenue for the quarter ended Sept. 30 was CA$159.8 million, down from CA$160.8 million a year earlier. Analysts polled by FactSet expected sales of CA$160.2 million. The company said it is tightening its 2026 outlook and now expects an FFO range of CA$4.65 to CA$4.75 per unit and same property net operating income growth range of +1% to +2%. Shares of Boardwalk Real Estate Investment Trust closed down 0.3% at CA$63.05 on the Toronto Stock Exchange.