Boardwalk REIT announces its participation in 2008 NAREIT Investor Forum

    CALGARY, June 3 /CNW/ - Boardwalk Real Estate Investment Trust ("BEI.UN"
- TSX) has announced its participation in the 2008 NAREIT Investor Forum. Sam
Kolias, Chief Executive Officer and Chairman of the Board will present at REIT
Week 2008, NAREIT's Investor Forum in New York City on Wednesday, June 04,
2008. Roberto Geremia, President and William Wong, Chief Financial Officer
will also be attending REIT Week on behalf of Boardwalk REIT.
    Mr Kolias's presentation will take place at 4:15 pm, Eastern Time in the
Duke of Windsor room at the Waldorf Astoria Hotel, 301 Park Avenue, New York,
New York. Information on all of the topics that Mr. Kolias will discuss is
available on our website at

    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
260 properties with over 36,480 units totalling approximately 40 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.

    %SEDAR: 00020684E

For further information:

For further information: Boardwalk REIT, Sam Kolias, CEO, (403)
531-9255; Roberto Geremia, President, (403) 531-9255

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