Analyst: Boardwalk REIT will return 61% next year

02/19/2008 | Financial Post (Canada)

Boardwalk REIT, Canada's largest apartment real estate investment trust, will generate a 61% total return next year, according to Desjardins analyst Jeff Roberts. "With its significantly below-market-average rents, Boardwalk should generate strong cash flow for the foreseeable future despite more moderate rental growth forecasts," Roberts said.

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Financial Post (Canada)

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