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Boardwalk bullish on Alberta’s rental market: CEO

Canada’s biggest residential landlord, Boardwalk REIT, reported its funds from operations rose to $34.7 million, or 66 cents per unit, up from $34.2 million, or 65 cents per unit, in the second quarter.

CEO Rob Geremia tells BNN the market for renting is still tough across the country, but is ripe for a turn-around.

“The really good news is we’re really starting to see traction now, particularly in our Western markets… We’re very bullish on the future, particularly in Alberta,” he says.

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