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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

Post by sweetMolly1on Jul 22, 2022 6:11am
159 Views
Post# 34842365

Watch the bond market

Watch the bond market

Interesting that with all the talk about "rising interest rates" the real cost of money, whether its the U.S. 10 year or the Canadian 10 year is around the same as it was back in late April.... despite the central banks raising rates twice in that time

Again, the bond market is telling you that they cant materially raises rates, and if they do the bond market is telling you they will have to be cutting rates in 6 months to stimulate a bad economy ( caused by raising rates ) .....

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