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.

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Killam Apartment REIT > What is Justin going to do ?

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Comment by Jtpatrol1on Nov 18, 2022 10:22am

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Post# 35110201

RE:What is Justin going to do ?

seen this movie before with the income trusts in 2008. If Justin is foolish enough and puts too punitive of a new tax on REITS, they may initially fall in price, creating an amazing buying opportunity because they all will end up getting bought out at 25% to 35% premiums by pension funds that dont pay any tax anyway... The end result is no extra tax revenue for the goverment, in fact they recieve a lot less.... I made a small fortune buying the income tusts

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