Sam Kolias, chairman and CEO Boardwalk Real Estate Investment Trust |
CALGARY, ALBERTA, CANADA, Feb. 13, 2013 /PRNewswire/ -
Boardwalk Real Estate Investment Trust ("Boardwalk", "Boardwalk
REIT" or the "Trust") today announced positive financial results for the fourth quarter and fiscal year of
2012.
Funds From Operations ("FFO") for the fourth
quarter totalled $38.4 million, or $0.73 per unit on a diluted basis, compared to
FFO of $34.2 million or $0.65 per unit for the same period last year, an
increase of
12.4% and 12.3%, respectively.
FFO for the twelve-month period ended December 31, 2012
totalled $150.3 million or $2.87 per unit on a diluted basis, compared to
FFO of $131.8 million or $2.52 per unit for the same period last year, an increase of 14.1% and 13.9%, respectively.
For a complete copy of the company’s news release, please
contact:
Investor Relations
(403)531-9255
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