Boardwalk REIT Q2 FY26 FFO per unit rises 2.6% to $1.19; revenue increases 2.3% to $160.9 million

Reuters2026/07/28 21:28

By:Reuters

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Boardwalk REIT posted Q2 FFO of $1.19 per unit, up 2.6% from Q2 2025; rental revenue rose 2.3% to $160.9 million.
Net operating income increased 2.9% to $107.2 million, while operating margin widened 0.4 percentage point to 66.6%.
Profit turned to a loss of $13.5 million; same-property occupancy eased to 97.0%.
Boardwalk reaffirmed 2026 FFO guidance of $4.60 to $4.80 per unit, forecasting same-property NOI growth of 1.0% to 3.5%.
Closed sales of nine non-core communities for $222 million; spent $203.5 million to repurchase 3,106,600 units at an average $65.51.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Boardwalk Real Estate Investment Trust published the original content used to generate this news brief on July 28, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Boardwalk REIT Q2 FY26 FFO per unit rises 2.6% to $1.19; revenue increases 2.3% to $160.9 million

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