Killam Apartment REIT
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Philip D. Fraser
- Full Time Employees
- 715
- Sector
- Finance
- Industry
- Real estate investment trusts
- Address
- 3700 Kempt Road Halifax NS Canada B3K 4X8
- IPO Date
- Dec 21, 2000
- Website
- killamreit.com
- Similar Companies
- Business
- Killam Apartment REIT is a Canadian real estate investment trust primarily engaged in the acquisition, ownership, operation, management, and development of multi-residential apartment buildings and manufactured home communities. The company’s portfolio, valued at approximately CAD 5.6 billion, spans key geographic regions including Atlantic Canada, Ontario, Alberta, and British Columbia. Killam's core offerings include residential apartments and manufactured home community properties, alongside property management and development services. The REIT targets growth through expanding its portfolio via accretive acquisitions focused on newer properties, optimizing geographic diversification, and disciplined capital recycling through non-core asset dispositions. Recent major changes include the completion of The Carrick, a 139-unit apartment development in Waterloo, Ontario, reaching substantial completion and 80% lease-up as of mid-2025, with full occupancy anticipated by early 2026. In addition, Killam is advancing two further developments: the 128-unit Wissler in Waterloo, ON, and the 55-unit Eventide in Halifax, NS, both scheduled for 2026 completion. The company actively divested non-core assets in 2025, including the sale of 12 properties in Prince Edward Island and an apartment in Saint John, NB, generating gross proceeds of CAD 107.9 million to support its growth and development objectives. Killam operates under a growth strategy that emphasizes increasing earnings from its existing portfolio, geographic diversification, and high-quality developments, following a recent organizational simplification in 2024 aimed at enhancing cash flow and reducing corporate tax exposure. The REIT was founded in 1997 and is headquartered in Halifax, Nova Scotia, trading on the Toronto Stock Exchange under the ticker KMP.UN. Its multi-residential focus and strategic geographic expansion position it as one of Canada’s largest residential REITs.
Company News
Killam Apartment REIT Q2 Earnings Call Highlights
Killam Apartment REIT (KMP.UN:CA) Shareholder/Analyst Call Transcript
Killam Apartment REIT (OTCMKTS:KMMPF) Given Consensus Recommendation of “Buy” by Brokerages
Killam Apartment REIT: East Coast Canadian Apartments On Sale
Killam Apartment REIT (KMP.UN:CA) Q4 2025 Earnings Call Transcript
Killam Apartment REIT (OTCMKTS:KMMPF) Given Consensus Rating of “Buy” by Analysts
Killam Apartment REIT (KMP.UN:CA) Q3 2025 Earnings Call Transcript
Killam Apartment REIT: Upgrading To 'Strong Buy' On Earnings Increase Anticipation
Killam Apartment REIT: Double-Digit Lease Spreads Make It A Buy
Killam Apartment REIT (KMMPF) Q2 2025 Earnings Call Transcript
Killam Apartment REIT: Bargains Galore In Apartment Landlords
Killam Apartment REIT (KMMPF) Q1 2025 Earnings Call Transcript
Killam Apartment REIT (KMMPF) Q4 2024 Earnings Call Transcript
Killam REIT: Quality Apartment Play At A Good Discount
Killam Apartment REIT (KMMPF) Q3 2024 Earnings Call Transcript
Killam Apartment REIT: Impressive Performance
Killam Apartment REIT (KMMPF) Q2 2024 Earnings Call Transcript
Killam Apartment REIT (KMMPF) Q1 2024 Earnings Call Transcript
Killam Apartment REIT (KMMPF) Q4 2023 Earnings Call Transcript
Killam Apartment REIT (KMMPF) Q3 2023 Earnings Call Transcript