Picture of Killam Apartment REIT logo

KMP.UN — Killam Apartment REIT News Story

0.000.00%
ca flag iconLast trade - 00:00
FinancialsConservativeMid CapNeutral

Canada's Killam Apartment REIT's Q4 same property revenue rises

Overview

Canada real estate trust's Q4 same property revenue rose 4.1% yr/yr

FFO per unit for Q4 increased 3.4% from Q4 2024

Reported Q4 net loss of C$147.5 mln due to deferred tax recovery absence

Outlook

Killam expects FFO growth in 2026 from The Carrick, completed in July 2025

Company anticipates FFO growth in 2027 from projects in Waterloo and Halifax

Result Drivers

SAME PROPERTY PERFORMANCE - Killam's Q4 same property revenue grew by 4.1%, driven by rental rate increases and ancillary revenue

DEVELOPMENT CONTRIBUTIONS - Recently completed developments, including The Carrick, bolstered FFO growth

CAPITAL RECYCLING - Proceeds from non-core asset sales were reinvested in acquisitions and developments, aiding diversification

Key Details

MetricBeat/MissActualConsensus Estimate
Q4 Property RevenueC$96.26 mln
Q4 Net Income-C$147.49 mln
Q4 FFOC$37.26 mln
Q4 Operating IncomeC$63.97 mln
Q4 Same Property Revenue Growth4.1%
Press Release: ID:nCNWm3b7za For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

Recent news on Killam Apartment REIT

See all news