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Boardwalk REIT updates FY'18 FFO, AFFO guidance

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Boardwalk REIT updates FY'18 FFO, AFFO guidance

Multifamily-focused Boardwalk Real Estate Investment Trust revised its estimates for full-year funds from operations and adjusted FFO.

Compared to its previous full-year guidance of C$2.15 to C$2.35, the company now expects FFO per share to come to between C$2.20 and C$2.35.

AFFO per share is expected to sit between C$1.75 and C$1.90, compared to the previous estimate of between C$1.70 and C$1.90.