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Killam Apartment REIT T.KMP.UN

Alternate Symbol(s):  KMMPF

Killam Apartment REIT (Trust) is a Canada-based residential real-estate investment trust. The Trust owns, operates, and develops a portfolio of apartments and manufactured home communities. The Trust specializes in the acquisition, management and development of multi-residential apartment buildings, manufactured home communities (MHCs) and commercial properties in Canada. Its segments include Apartment, MHC, and Commercial. The Apartment segment acquires, operates, manages, and develops multi-family residential properties across Canada. The MHC segment acquires and operates MHC communities in Ontario and Eastern Canada. The Commercial segment acquires and operates stand-alone commercial properties in Ontario, Nova Scotia, and Prince Edward Island. The segment includes over eight commercial properties. The Company's subsidiaries include Killam Apartment General Partner Ltd., Killam Apartment Limited Partnership, Killam Properties Inc., and Killam Properties SGP Ltd., among others.


TSX:KMP.UN - Post by User

Killam Apartment REIT
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Comment by kenyon99on May 03, 2017 12:25pm
137 Views
Post# 26198491

RE:Ontario Rent Control

RE:Ontario Rent Control
If that's the reason for the recent small decrease in share price, it seems a long way out to when the Gloucester Centre development is finished.

The annual report says they are targeting 30% of the portfolio outside of Atlantic Canada by 2020, so the proportion in Ontario will be within that 30%.

Will be interesting to see whether developers build even less Ontario rental housing, with the new legislation.
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