Boardwalk REIT reports strong Q1 2026 results
FFO increased 8.5% to $1.15 per Unit; NOI rose 10.0% to $106.2 million. Updated 2026 guidance and confirmed distributions.
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Canadian residential rental property owner and manager
bwalk.comLast updated
In short: Boardwalk REIT reported strong Q1 2026 financial growth, completed major Montreal acquisitions, and secured several sustainability and design awards.
FFO increased 8.5% to $1.15 per Unit; NOI rose 10.0% to $106.2 million. Updated 2026 guidance and confirmed distributions.
All resolutions passed, including election of seven trustees, auditor reappointment, and executive compensation approval. 84.35% unitholder turnout.
The presentation highlights strong same property NOI growth, increased FFO per unit, and a new unit buyback program.
Announces $105M dispositions and Q1 NCIB repurchases. Occupancy above 97%. Q1 results on May 5, 2026.
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