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Killam Apartment Real Estate Investment Trust (T:KMP.UN)

Business Focus: N/A

Sector:  N/A Industry:  N/A
 
See Regulatory Filings on SEDAR
Company Contact
Address: Suite 100, 3700 Kempt Road
HALIFAX NS B3K 4X8
Tel: 1-902-4420388
Website: www.killamproperties.com
IR: See website
Key People
Philip D. Fraser
President, Chief Executive Officer, Executive Trustee
Nancy Dianne Alexander
Vice President - Investor Relations and Sustainability
Dale Noseworthy
Chief Financial Officer
Robert G. Richardson
Executive Vice President, Executive Trustee
Erin Cleveland
Senior Vice President - Finance
Ruth Buckle
Senior Vice President - Property Management
Michael McLean
Senior Vice President - Developments
Brian Jessop
Vice President - Operations
Jeremy Jackson
Vice President - Marketing and Program Development
Colleen McCarville
Vice President - Human Resources
   
Business Overview
Killam Apartment Real Estate Investment Trust (the Trust) is a Canada-based real estate investment trust. The Trust specializes in the acquisition, management and development of multi-residential apartment buildings, manufactured home communities (MHCs) and commercial properties in Canada. Its segments include Apartment segment, MHC segment and Other segment. The Apartment segment acquires, operates, manages and develops multi-family residential properties across Canada. MHC segment acquires and operates MHC communities in Ontario and Eastern Canada. Other segment includes ten commercial properties. The Company's subsidiaries include Killam Apartment General Partner Ltd, Killam Properties Inc., Killam Investments Inc., Blackshire Court Ltd and Killam Properties Apartments Trust.
Financial Overview
For the three months ended 31 March 2021, KillamApartment REIT revenues increased 6% to C$67.4M. Net incomedecreased 29% to C$27.4M. Revenues reflect Apartmentssegment increase of 7% to C$59.9M, FFO per Share (Diluted)increase of 5% to C$0.23. Net income was offset by FairValue Adjustments decrease from C$13.1M (income) to C$5.7M(expense). Dividend per share remained flat at C$0.17.
Employees: 650 as of Dec 31, 2020
Reporting Currency: Canadian Dollars
Enterprise value: $3,979M as of Mar 31, 2021
Annual revenue (TTM): $265.77M as of Mar 31, 2021
EBITDA (TTM): $150.15M as of Mar 31, 2021
Net annual income (TTM): $134.95M as of Mar 31, 2021
Free cash flow (TTM): $73.85M as of Mar 31, 2021
Net Debt Last Fiscal Year: $1,771M as of Mar 31, 2021
Shares outstanding: 109,921,757 as of Jul 9, 2021
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization