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Killam Apartment REIT TSX: KMP-UN-T

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Killam Apartment REIT Announces May 2021 Distribution

CNW Group - Mon May 17, 8:01AM CDT

Killam Apartment REIT Announces May 2021 Distribution

Canada NewsWire

HALIFAX, NS , May 17, 2021 /CNW/ -  Killam Apartment REIT (TSX:KMP-UN.TO) is pleased to announce its May 2021 monthly distribution. The distribution of $0.05667 per unit will be paid on June 15, 2021 , to unitholders of record on May 31, 2021 .

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 $3.9 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.

SOURCE Killam Apartment Real Estate Investment Trust

Cision View original content: http://www.newswire.ca/en/releases/archive/May2021/17/c1161.html

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COMTEX_386751115/2669/2021-05-17T09:01:04

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