Killam Apartment REIT T.KMP.UN

Alternate Symbol(s): KMMPF

Killam Apartment Real Estate Investment Trust (Trust) is a Canada-based residential real estate investment trust. The Trust owns, operates, and develops a $5.3 billion portfolio of apartments and manufactured home communities (MCHs). Its segments include Apartment, MHC, and Commercial. Its Apartment segment acquires, operates, manages and develops multifamily residential properties across Canada. Its MHC segment acquires and operates MHC communities in Ontario and Eastern Canada. Its Commercial segment acquires and operates stand-alone commercial properties in Ontario, Nova Scotia and Prince Edward Island. Its apartment portfolio consists of over 18,801 units, including 1,343 units jointly owned with institutional partners. It owns over 5,975 sites in 40 MHCs, also known as land-lease communities or trailer parks, in Ontario and Atlantic Canada. It owns the land and infrastructure supporting these communities and leases sites to tenants who own their own homes and pay Killam site rent.

TSX:KMP.UN - Post by User

Killam Apartment REIT

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Post by Maxmoeon May 05, 2022 12:22pm

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Post# 34658960

Buy low, buy more lower

Such a boring stock compared to energy and mining but I don't see rents dropping. I'll roll profits from super high volatility sectors here until my monthly dividend more than covers my rent. I'm tired of cutting grass and fixing drippy faucets so me and and all my boomer buddies are ready to cash out our crazy priced bungalow in the burbs to frothing millennials. Or in other words, Kmp has good demographic tailwinds.

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