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 > New Press Release - Killam Apartment REIT Announces May 2024 Distribution

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Comment by Maxmoeon May 17, 2024 9:36am

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Post# 36045155

RE:New Press Release - Killam Apartment REIT Announces May 2024 Distribution

Still waiting for a bump. I can't see the NAV discount driving Kmp higher unless / until the distribution reflects the bump in NAV. I want to plan for the monthly distribution covering my rent at a nice Kmp apartment. That means divy growth = rent increases.

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