Killam Apartment REIT Announces December 2022 Distribution

About this update from Killam Apartment Reit

[{"type":"text","content":"\n \n \n \n Killam Apartment REIT Announces December 2022 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 Canada NewsWire\n \n \n \n \n \n \n HALIFAX, NS\n \n \n ,\n \n \n Dec. 16, 2022\n \n \n /CNW/ -\n \n Killam Apartment REIT\n \n (TSX: KMP.UN) is pleased to announce its\n \n December 2022\n \n monthly distribution. The distribution of\n \n $0.05833\n \n per unit will be paid on\n \n January 16, 2023\n \n , to unitholders of record on\n \n December 30, 2022\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 real estate investment trusts, owning, operating, and developing a\n \n $4.8 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.\n \n \n \n SOURCE Killam Apartment Real Estate Investment Trust\n \n \n \n \n \n \n View original content:\n \n http://www.newswire.ca/en/releases/archive/December2022/16/c7965.html\n \n \n \n \n\n","length":3894,"tagName":"div"}]

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