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Investor Presentation September / October 2006 - Boardwalk REIT

Investor Presentation September / October 2006 - Boardwalk REIT

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Portfolio Rental Revenue StatisticsThree Months Ended June <strong>2006</strong>Market Rent per Unit – Current Q2 <strong>2006</strong>Market Market Rent Rent per per Unit Unit –– Dec Dec 2005 2005Occupied Rent per Unit – Q1 <strong>2006</strong>Occupied Rent per Unit – Q2 <strong>2006</strong>Average Rent per Unit – Q1 <strong>2006</strong>Average Average Rent Rent per per Unit Unit –– Q1 Q2 2005 <strong>2006</strong>Average Rent per Unit – Q2 2005$769$750$776$749$816$814$813$810$926$400 $500 $600 $700 $800 $900 $1000Under existing occupancy, “Loss-to-lease” = approx. $43M or $0.73 per Trust unit.<strong>Boardwalk</strong> Real Estate Investment Trust40

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