Overview
Killam Q3 2025 same property NOI grows 5.5%, driven by 5.2% same property revenue increase
Net income for Q3 2025 falls due to fair value loss on investment properties
Company completed C$147.6 mln in property dispositions, reinvested in acquisitions
Outlook
Company expects full occupancy for The Carrick by early 2026
Killam anticipates completion of Waterloo and Halifax projects in 2026
Company committed to capital recycling, targeting non-core asset dispositions
Result Drivers
SAME PROPERTY NOI - Driven by a 5.2% increase in same property revenue, supported by higher rental rates and ancillary revenue
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Property Revenue
C$98.47 mln
Q3 Net Income
C$41.86 mln
Q3 FFO
C$41.88 mln
Q3 Operating Income
C$67.79 mln
Q3 Same Property Revenue Growth
5.20%
Press Release: ID:nCNWyc0lma
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(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.)