HALIFAX, Feb. 19, 2020 /CNW/ – Killam Apartment REIT (TSX: KMP.UN) is pleased to announce its February 2020 monthly distribution. The distribution of $0.055 per unit will be paid on March 16, 2020, to unitholders of record on February 28, 2020. On February 12, 2020, Killam announced a 3.0% increase to its distribution. The monthly distribution… [Read More]

HALIFAX, Feb. 12, 2020 /CNW/ – Killam Apartment REIT (TSX: KMP.UN) (“Killam”) today reported its results for the fourth quarter and year ended December 31, 2019.  Q4 Financial & Operating Highlights Reported net income of $126.8 million compared to $44.3 million in Q4-2018, due to strong operating performance, contributions from acquisitions and fair value gains on… [Read More]

HALIFAX, Jan. 17, 2020 /CNW/ – Killam Apartment REIT (TSX: KMP.UN) is pleased to announce its January 2020 monthly distribution. The distribution of $0.055 per unit will be paid on February 17, 2020, to unitholders of record on January 31, 2020. Killam Apartment REIT offers a distribution reinvestment plan (the “DRIP”). Eligible unitholders may reinvest… [Read More]

HALIFAX, Jan. 15, 2020 /CNW/ – Killam Apartment REIT (TSX: KMP.UN) has acquired Christie Point Apartments, a 161-unit property for $54 million ($335,000 per unit) using cash and its acquisition credit facility. Killam expects to place mortgage financing on the asset during the first quarter. The property features five, two-storey buildings and four, two-storey townhouse buildings… [Read More]

HALIFAX, Jan. 2, 2020 /CNW/ – Killam Apartment REIT (TSX: KMP.UN) will release its financial results for the year ended December 31, 2019, on Wednesday, February 12, 2020, after the close of the Toronto Stock Exchange. A webcast and conference call to discuss these results and current business initiatives will be held on Thursday, February 13,… [Read More]

HALIFAX, Dec. 17, 2019 /CNW/ – Killam Apartment REIT (TSX: KMP.UN) is pleased to announce its December 2019 monthly distribution. The distribution of $0.055 per unit will be paid on January 15, 2020, to unitholders of record on December 31, 2019. Killam Apartment REIT offers a distribution reinvestment plan (the “DRIP”). Eligible unitholders may reinvest… [Read More]

HALIFAX, Dec. 16, 2019 /CNW/ – Killam Apartment REIT (TSX: KMP.UN) is pleased to announce the recent closing of two acquisitions totaling $41.0 million in Edmonton and Moncton. These purchases build on Killam’s existing presence in Edmonton and Moncton, aligning with Killam’s strategic goals of accretive acquisitions targeting newer properties and diversifying geographically. Killam has acquired… [Read More]

HALIFAX, Nov. 18, 2019 /CNW/ – Killam Apartment REIT (TSX: KMP.UN) is pleased to announce its November 2019 monthly distribution. The distribution of $0.055 per unit will be paid on December 16, 2019, to unitholders of record on November 29, 2019. Killam Apartment REIT offers a distribution reinvestment plan (the “DRIP”). Eligible unitholders may reinvest… [Read More]

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ HALIFAX, Nov. 14, 2019 /CNW/ – Killam Apartment REIT (TSX: KMP.UN) (“Killam”) is pleased to announce that it has closed the sale of an additional 700,000 trust units (“Units”) of Killam to the public at a price of $19.90 per… [Read More]

HALIFAX, Nov. 5, 2019 /CNW/ – Killam Apartment REIT (TSX: KMP.UN) (“Killam”) today reported its results for the three and nine months ended September 30, 2019.  Q3-2019 Financial & Operating Highlights Reported net income of $46.8 million compared to $27.1 million in Q3-2018. Generated net operating income (“NOI”) of $41.3 million, a 13.3% increase from… [Read More]

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ HALIFAX, Nov. 4, 2019 /CNW/ – Killam Apartment REIT (TSX: KMP.UN) (“Killam”) is pleased to announce that it has closed its previously announced public offering (the “Offering”), on a bought-deal basis, of trust units (the “Units”) to the public at… [Read More]

HALIFAX, Oct. 17, 2019 /CNW/ – Killam Apartment REIT (TSX: KMP.UN) is pleased to announce its October 2019 monthly distribution. The distribution of $0.055 per unit will be paid on November 15, 2019, to unitholders of record on October 31, 2019. Killam Apartment REIT offers a distribution reinvestment plan (the “DRIP”). Eligible unitholders may reinvest… [Read More]