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2011 Boardwalk REIT Press Release

Boardwalk Rental Communities


TSX SYMBOL:  BEI.UN
				 
March 31, 2011

BOARDWALK REIT ANNOUNCES TIMING OF RELEASE OF ITS FIRST QUARTER FINANCIAL RESULTS FOR THE PERIOD ENDED MARCH 31, 2011.

BOARDWALK REIT ANNOUNCES TIMING OF RELEASE OF ITS FIRST QUARTER FINANCIAL RESULTS FOR THE PERIOD ENDED MARCH 31, 2011.DOWNLOAD a PDF copy (Printer Friendly PDF File)

BOARDWALK REIT ANNOUNCES TIMING OF RELEASE OF ITS FIRST QUARTER FINANCIAL RESULTS FOR THE 
PERIOD ENDED MARCH 31, 2011.
 

Calgary, Alberta –  March 31, 2011  
Boardwalk REIT would like to announce that its financial results for the First Quarter ended March 31, 2011 will 
be released after market close on May 12, 2011.  We invite you to participate in the teleconference held to 
discuss these results the following morning, May 13, 2011, at 11:00 am EST.  Senior Management will speak to 
the quarter’s results and provide a financial and operational update.  Presentation and supplemental materials
 will be made available on our website prior to the call (please visit www.BoardwalkREIT.com).

Participation & Registration: Please RSVP to Investor Relations at 403-206-6739 or by email to 
investor@bwalk.com.

Teleconference:  The telephone numbers for the conference are toll-free 1-888-231-8191 
(within North America) and 647-427-7450 (International.) 

Note: Please provide the operator with the below Conference Call ID or Topic when dialing in to the call.

Conference ID: 51179083
Topic: Boardwalk REIT 2011 First Quarter Results

Webcast:  Investors will be able to listen to the call and view the slide presentation over the Internet by visiting 
www.BoardwalkREIT.com on the morning of the call.  An information page will be provided for any software and
system requirements.  The live webcast and slide presentation will also be available at 
http://www.newswire.ca/en/webcast/viewEvent.cgi?eventID=3438160

Corporate Profile

Boardwalk REIT is Canada’s largest public owner/operator of multi-family rental communities.  Boardwalk REIT 
currently owns and operates in excess of 225 properties with 35,277 rental units (as at December 31, 2010) 
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 as of 
 March 31, 2011 is approximately $4.6 billion.  Additional information about Boardwalk REIT can be found on 
 the Trust’s website at www.BoardwalkREIT.com.

CAUTIONARY STATEMENTS REGARDING FORWARD-LOOKING STATEMENTS
This news release contains forward-looking statements within the meaning of applicable securities laws.  
These statements include, but are not limited to, statements made in this News Release, and other statements 
concerning Boardwalk’s objectives, its strategies to achieve those objectives, as well as statements with respect
to management’s beliefs, plans, estimates, and intentions, and similar statements concerning anticipated future
events, results, circumstances, performance or expectations that are not historical facts.  Forward-looking 
statements generally can be identified by the use of forward-looking terminology such as “outlook”, “objective”,
 “may”, “will”, “would”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “should”, “plan”, “continue”, or 
 similar expressions suggesting future outcomes or events.  Such forward-looking statements reflect 
 management’s current beliefs and are based on information currently available to management.  All 
 forward-looking statements in this News Release are qualified by these cautionary statements. 

These statements are not guarantees of future events or performance and, by their nature, are based on 
Boardwalk’s estimates and assumptions, which are subject to risks and uncertainties, including those described 
under “Risks and Uncertainties” in the Management’s Discussion & Analysis of Boardwalk REIT’s 2010 Annual 
Report, which could cause actual events or results to differ materially from the forward-looking statements
in this News Release.  Those risks and uncertainties include, but are not limited to, those related to: liquidity 
in the global marketplace associated with current economic conditions, occupancy levels, access to debt and 
equity capital, interest rates, the relative illiquidity of real property, unexpected costs or liabilities related to 
acquisitions or dispositions, construction, environmental matters, legal matters, reliance on key personnel, 
income taxes, the conditions to the transactions not being satisfied resulting in the failure to complete some 
or all of the proposed transactions described herein, the trading price of the securities of Boardwalk, lack of 
availability of acquisition or disposition opportunities for the Trust and exposure to economic, real estate and 
capital market conditions in North America.  Material factors or assumptions that were applied in drawing a 
conclusion or making an estimate set out in the forward-looking information may include, but are not limited 
to:  that the general economy remains stable, interest rates are relatively stable, acquisition/disposition 
capitalization rates are stable, competition for acquisition or disposition of residential apartments remains 
intense, and equity and debt markets continue to provide access to capital.   These assumptions, although 
considered reasonable by the Trust at the time of preparation, may prove to be incorrect.  For more 
exhaustive information on these risks and uncertainties you should refer to our most recently filed annual 
information form which is available at www.sedar.com. 

Although the forward-looking information contained in this News Release is based upon what management 
believes are reasonable assumptions, there can be no assurance that actual results will be consistent with 
these forward-looking statements. Certain statements included in this News Release may be considered 
“financial outlook” for purposes of applicable securities laws, and such financial outlook may not be appropriate 
for purposes other than this News Release.  You should not place undue importance on forward-looking 
information and should not rely upon this information as of any other date. While we may elect to, we are 
under no obligation and do not undertake to update this information at any particular time.

For further information please contact:
Boardwalk REIT
Sam Kolias, CEO, (403) 531-9255;
Roberto Geremia, President, (403) 531-9255;
William Wong, CFO, (403) 531-9255


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