Killam Apartment REIT Announces September 2024 Distribution

HALIFAX, NS , Sept. 16, 2024 /CNW/ - Killam Apartment REIT (TSX: KMP.UN) is pleased to announce its September 2024 monthly distribution. The distribution of $0.05833 per unit will be paid on October 15, 2024 , to unitholders of record on September 27, 2024 .

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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