10-10-13 1:00 PM EDT | Email Article

Boardwalk Rental Communities hosted its second Monopoly Tournament with one Resident winning six months of free rent

Canada NewsWire

CALGARY, Oct. 10, 2013 /CNW/ - Boardwalk Real Estate Investment Trust (TSX: BEI.UN)

Boardwalk Rental Communities ("Boardwalk") hosted its second Monopoly Tournament for their Edmonton, AB, Residents beginning September 14, 2013, with 65 participants playing in the first round. After four previous rounds totaling six hours, the tournament concluded on October 5, 2013, with three finalists competing against two Boardwalk Associates: Angel Padilla, Small Capital Projects Coordinator and Kelly Mahajan, VP Customer Service. The three finalists, Duane Couteriell, David White and Amir Sajedian, are all Residents in various Edmonton Boardwalk Communities.

The contestant coming in first place Duane Couteriell, received six (6) months of free rent, an approximate value of $6,000. The second place contestant, Amir Sajedian, received one (1) month of free rent, an approximate value of $1100, while the third place contestant, David White, received an iPad3.

Duane Couteriell, winner of the tournament, said, "Winning the six months free rent provides a break for my wife who works long, hard hours and gives us the ability to go visit our daughter who we haven't seen in a long time. This couldn't have come at a better time and I want to thank Boardwalk for hosting this great event."

As Boardwalk continues to build stronger communities and connect Residents through events such as the Monopoly tournament, we not only create new memories but strengthen relationships. Congratulations to all the winners and a big thank you to all the volunteers for hosting another successful event. We look forward to our next great community initiative.

About Boardwalk REIT

Boardwalk REIT is Canada's friendliest landlord and currently owns and operates more than 225 properties with 35,277 residential units (as at June 30, 2012) totaling approximately 30 million net rentable square feet. Boardwalk's principal objectives are to provide its Residents with the best quality communities and superior Customer Service, while providing Unitholders with sustainable monthly cash distributions, and increase the value of its Trust Units through selective acquisitions, dispositions, and effective management of its residential multi‐family properties. Boardwalk REIT is vertically integrated and is Canada's leading owner/operator of Multi‐Family Communities with over 1,500 Associates bringing Customers home to properties located in Alberta, Saskatchewan, Ontario, Quebec, and British Columbia.

Boardwalk REIT's Trust units are listed on the Toronto Stock Exchange, trading under the symbol BEI.UN. Additional information about Boardwalk REIT can be found on the Trust's website at www.BoardwalkREIT.com.


SOURCE Boardwalk Real Estate Investment Trust

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