Boardwalk Real Estate Investment Trust ("BEI.UN" - TSX) to Present at the
NAREIT 2010 Annual Convention

CALGARY, Nov. 12 /CNW/ - Boardwalk REIT  (TSX:BEI.UN) today announced that President Rob Geremia will be making a presentation at the 2010 NAREIT Annual Convention at the Waldorf-Astoria, 301 Park Avenue, New York, NY., on Wednesday, November 17, 2010, from 8:00 a.m. to 8:30 a.m. EST.

Corporate Profile

Boardwalk REIT is an open-ended real estate investment trust formed to acquire all of the assets and undertakings of Boardwalk Equities Inc. Boardwalk REIT's principal objectives are to provide its unitholders with monthly cash distributions, partially on a Canadian income tax-deferred basis, and to increase the value of its units through the effective management of its residential multi-family revenue producing properties and the acquisition of additional properties. Boardwalk REIT currently owns and operates in excess of 230 properties with 35,598 units (as at November 10, 2010) totaling approximately 30 million net rentable square feet, and is Canada's largest owner/operator of multi-family rental communities. Boardwalk REIT's portfolio is concentrated in the provinces of Alberta, British Columbia, Saskatchewan, Ontario and Quebec. The Trust's total Enterprise Value at September 30, 2010 was $4.75 billion. Additional information about Boardwalk REIT can be found on the Company's website at www.boardwalkreit.com.

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For further information:

Boardwalk REIT

Sam Kolias, CEO, [phone];
Roberto Geremia, President, [phone]
William Wong, CFO, [phone]