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Killam Apartment REIT Announces December 2020 Distribution
Killam Apartment REIT Announces December 2020 Distribution HALIFAX, NS , ...
About this update from Killam Apartment Reit
[{"type":"text","content":"\n \n \n \n Killam Apartment REIT Announces December 2020 Distribution\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n HALIFAX, NS\n \n ,\n \n Dec. 16, 2020\n \n /CNW/ -\n \n Killam Apartment REIT\n \n (TSX: KMP.UN) is pleased to announce its\n \n December 2020\n \n monthly distribution. The distribution of\n \n $0.05667\n \n per unit will be paid on\n \n January 15, 2021\n \n , to unitholders of record on\n \n December 31, 2020\n \n .\n \n \n Killam Apartment REIT offers a distribution reinvestment plan (the \"DRIP\"). Eligible unitholders may reinvest their cash distributions, on each distribution payment date, in additional units. Participating unitholders will receive an additional distribution of units representing 3% of the amount of the distribution reinvested pursuant to the DRIP.\n \n \n \n About Killam Apartment REIT\n \n \n \n Killam Apartment REIT, based in\n \n Halifax, Nova Scotia\n \n , is one of\n \n Canada's\n \n largest residential landlords, owning, operating and developing a\n \n $3.6 billion\n \n portfolio of apartments and manufactured home communities.\n \n Killam's\n \n strategy is to enhance value and profitability by focusing on three priorities: 1) increasing earnings from existing operations, 2) expanding the portfolio and diversifying geographically through accretive acquisitions, with an emphasis on newer properties, and 3) developing high-quality properties in its core markets.\n \n \n \n Note: The Toronto Stock Exchange has neither approved nor disapproved of the information contained herein. Certain statements in this report may constitute forward-looking statements. Such forward-looking statements involve risks, uncertainties and other factors including risks and uncertainties relating to the COVID-19 pandemic, which may cause actual results, performance or achievements of\n \n Killam\n \n to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. For more exhaustive information on these risks and uncertainties, you should refer to\n \n Killam's\n \...