HALIFAX,
NS, March 16, 2022 /CNW/ - Killam
Apartment REIT (TSX: KMP.UN) is pleased to announce its
March 2022 monthly distribution. The
distribution of $0.05833 per unit
will be paid on April 15, 2022, to
unitholders of record on March 31,
2022.
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 landlords,
owning, operating and developing a $4.5
billion portfolio of apartments and manufactured home
communities. Killam's 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.
Note: The Toronto Stock Exchange has neither approved nor
disapproved of the information contained herein.
SOURCE Killam Apartment Real Estate Investment Trust