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2007 Boardwalk REIT Press Release

Boardwalk Rental Communities



TSX SYMBOL:  BEI.UN
				 
October 2, 2007

Boardwalk REIT Announces Timing Of Release Of Its Third Quarter Financial Results For The Period Ended September, 30th 2007.

Calgary, Alberta – October 2, 2007
- Boardwalk Real Estate Investment Trust ("BEI.UN" - TSX)


Boardwalk would like to announces that its financial 
results for the first quarter ended September 30th, 2007 
will be released on the morning of 
Friday, November 9th, 2007. We invite 
you to participate in the teleconference held to discuss 
these results that same morning at 11:00 am ET. Senior 
management will speak to the financial results and 
provide an update. Presentation materials will be made 
available on our website (http://www.boardwalkreit.com) 
prior to the call.


Participation & Registration: 

Please RSVP to Investor Relations at
403-531-9255 or by email to investor@bwalk.com.


Teleconference: 

The telephone numbers for the conference are 
416-644-3415 (within Toronto) or 
toll-free 1-800-732-9303 (outside Toronto).


Webcast: 

Investors will be able to listen to the call and view 
our slide presentation over the Internet by visiting 
http://www.boardwalkreit.com 15 min. prior 
to the start of the call. An information page will be
provided for any software needed and system requirements. 
The live audiocast will also be available at
www.newswire.ca/en/webcast/viewEvent.cgi?eventID=2027960


Corporate Profile

Boardwalk REIT is Canada’s largest owner/operator
of multi-family rental communities. Boardwalk REIT
currently owns and operates in excess of 260
properties with approximately 35,800 rental units
totaling approximately 30 million net rentable
square feet. The Trust’s portfolio is concentrated
in the provinces of Alberta, British Columbia,
Saskatchewan, Ontario and Quebec.  Boardwalk REIT’s
Trust units are listed on the Toronto Stock Exchange,
trading under the symbol BEI.UN. The Trust’s total
enterprise value  at June 30, 2007 was $4.5 billion.

Forward Looking Information

This press release may contain forward looking 
statements.  These statements relate, but are not 
limited to, Boardwalk REIT’s expectations, intentions, 
plans and beliefs.  These forward looking statements can 
generally be identified by the use of words “anticipated”, 
“expected” or the negative thereof or other comparable 
terminology.  You should be aware that these statements 
are subject to known and unknown risks, uncertainties and 
other factors, including the risks discussed under the 
heading “Risk Factors” in the Annual Information Form of 
Boardwalk REIT available on www.sedar.com.  Actual events 
or results may differ materially from those suggested by 
any forward-looking statements.  You should not place 
undue reliance on any forward-looking statements 
contained in this press release.

By their nature, forward-looking statements involve 
numerous assumptions, inherent risks and uncertainties, 
both general and specific, that contribute to the 
possibility that the predictions, forecasts, projections 
and various future events will not occur.  Although 
management of Boardwalk REIT believes that the 
expectations reflected in the forward-looking statements 
are reasonable, there can be no assurances that future 
results, levels of activity, performance or achievements 
will occur as anticipated.  None of Boardwalk REIT nor 
any other person assumes responsibility for the accuracy 
and completeness of any forward-looking statements, and 
no one has any obligations to update or revise any 
forward-looking statement, whether as a result of new 
information, future events or such other factors which 
affect this information, except as required by law.



For further information please contact:

Boardwalk REIT

Sam Kolias, 
CEO, 
(403) 531-9255;

Roberto Geremia, 
President,
(403) 531-9255;






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