Killam Apartment REIT (KMMPF)
Killam Apartment REIT operates in the REIT - Residential industry of the Real Estate sector, headquartered in Halifax, NS, CA. The stock last traded at $13.23, down 1.24% on the session, giving a market capitalisation of $1.62B. On trailing twelve-month figures it carries a trailing P/E of 308.17, a net margin of 2.0%. Its beta of 0.94 implies it has historically moved less than the broad market.
Headquartered in Halifax, Nova Scotia, Killam Apartment REIT is recognized as a prominent Canadian residential landlord. The company actively owns, manages, operates, and develops a substantial $3.6 billion portfolio, comprising both apartment complexes and manufactured housing communities. To boost shareholder value and profitability, Killam implements a three-pronged strategy: 1. Optimizing income generated from its existing properties. 2. Strategically expanding its property holdings and broadening its geographic reach through accretive acquisitions, with a preference for newer developments. 3. Undertaking the construction of high-quality new properties within its established core markets.
Killam Apartment REIT is most often compared with the following Real Estate names: