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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

Comment by Maxmoeon May 17, 2024 9:36am
108 Views
Post# 36045155

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

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