Boardwalk REIT reports 8.5% FFO growth and raises 2026 asset sale target to $400-$500M

Boardwalk Real Estate Investment Trust announced strong Q1 2026 results with Funds From Operations (FFO) up 8.5% year-over-year to $1.15 per unit and Net Operating Income (NOI) rising 10%. The Trust maintains high occupancy at 97.3% and benefits from demand in affordable housing markets, particularly in Alberta. It updated its 2026 guidance with a revised FFO range of $4.60 to $4.80 per unit and increased its asset sale target to $400-$500 million to fund strategic capital allocation and unit repurchases. Boardwalk confirmed stable monthly distributions for June to August 2026 and highlighted its strong liquidity and flexible balance sheet to support growth and value creation.