Canada NewsWire
HALIFAX, NS , Jan. 15, 2025 /CNW/ - Killam Apartment REIT (TSX: KMP.UN) is pleased to announce its January 2025 monthly distribution. The distribution of $0.06 per unit will be paid on February 18, 2025 , to unitholders of record on January 31, 2025 .
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.
About Killam Apartment REIT
Killam Apartment REIT, based in Halifax, Nova Scotia , is one of Canada's largest residential real estate investment trusts, owning, operating, and developing a $5.3 billion portfolio of apartments and manufactured home communities. Killam's strategy is to enhance value and profitability by focusing on three priorities: 1) increase earnings from existing operations, 2) expand the portfolio and diversify geographically through accretive acquisitions, targeting newer properties and dispositions of non-core asset, and 3) develop high-quality properties in its core markets.
For information, please contact:
Claire Hawksworth
, CPA
Senior Manager, Investor Relations
chawksworth@killamreit.com
(902) 442-5322
Note: The Toronto Stock Exchange has neither approved nor disapproved of the information contained herein.
SOURCE Killam Apartment Real Estate Investment Trust
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