Boardwalk Rental Communities Sponsors the Walk for Wellspring in London, ON.

CALGARY, May 21, 2013 /CNW/ - Boardwalk Real Estate Investment Trust ("BEI.UN" - TSX)

Boardwalk Rental Communities (Boardwalk) has been a lead participant in the Walk for Wellspring in London, ON, for a number of years.  For the 2013 event, Boardwalk is proud to announce its title sponsorship making it, Boardwalk's Walk for Wellspring.

In addition to being the title sponsor of the event, which will be held on September 7, 2013, Boardwalk Associates and Customers are invited to get involved.  Throughout the summer, Boardwalk will be hosting fundraising events to raise money for Wellspring London and both Customers and Associates are invited to take part in the walk.

"Having been a part of the London Walk for Wellspring for so many years, we look forward to taking our participation to the next level. We are very excited for Boardwalk's Walk for Wellspring," said Sam Kolias, CEO and Chairman of the Board of Boardwalk Rental Communities.  "At Boardwalk, we are always looking for ways to get involved in our communities.  Boardwalk's Walk for Wellspring supports an amazing foundation and we are proud to be a part of it."

Wellspring is a cancer support centre that offers programs and services at no cost for individuals and caregivers who are coping with cancer at any stage.  Wellspring does not receive any government or United Way funding and does not share in funds raised by the Canadian Cancer Society. To learn more about Wellspring and Boardwalk's Walk for Wellspring visit www.wellspringlondon.ca.

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 March 31, 2013) 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 1,600 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. The Trust's total Enterprise Value as of March 31, 2013 was approximately $5.5 billion. Additional information about Boardwalk REIT can be found on the Trust's website at www.BoardwalkREIT.com.

SOURCE: Boardwalk Real Estate Investment Trust

Boardwalk Rental Communities
Suite 200, 1501-1 Street S.W.  Calgary, Alberta  T2R 0W1  Phone: [phone]  Fax: [phone]
www.bwalk.com