- Killam Apartment REIT (TSX:KMP.UN) has grown into one of Canada’s largest residential landlords
- With a net profit margin exceeding 76 per cent, Killam has demonstrated solid operational efficiency and disciplined capital management
- The REIT manages over C$3.7 billion in assets, with a strong presence across key urban centers in Eastern Canada
- Killam Apartment REIT stock (TSX:KMP.UN) closed trading at C$19.01
As real estate stocks surge in popularity among investors, Killam Apartment REIT (TSX:KMP.UN) has emerged as a top-tier performer in Canada’s small-cap space.
With a market capitalization of approximately C$2.3 billion and shares trading steadily above C$19 since late May, Killam is drawing attention for all the right reasons.
This content has been prepared as part of a partnership with Killam Apartment REIT and is intended for informational purposes only.
A real estate powerhouse from Halifax
Killam has grown into one of Canada’s largest residential landlords. Its diversified portfolio includes multi-residential apartments, manufactured home communities, and a modest share of commercial properties. As of 2025, the REIT manages over C$3.7 billion in assets, with a strong presence across key urban centers in Eastern Canada.
Profitability that turns heads
What truly sets Killam apart is its profitability. In 2024, the company reported C$487 million in net income, an impressive figure for a small-cap REIT. With a net profit margin exceeding 76 per cent, Killam has demonstrated solid operational efficiency and disciplined capital management.
This performance hasn’t gone unnoticed. Killam recently topped the list on FinanceCharts.com for Most profitable small-cap companies in Canada for July 2025—half of which were real estate stocks, a clear sign the sector’s current momentum.
Strong market performance
Killam’s stock is up 11.17 per cent year-to-date and has gained 3.26 per cent compared to this time last year. This steady upward trajectory reflects investor confidence in the REIT’s fundamentals and growth strategy.
Monthly distribution and DRIP incentives
In its latest announcement, Killam declared its July 2025 monthly distribution of $0.06 per unit, payable on August 15, 2025, to unitholders of record as of July 31, 2025. The REIT also offers a Distribution Reinvestment Plan (DRIP), allowing eligible unitholders to reinvest their cash distributions into additional units. Participants in the DRIP receive a 3 per cent bonus in the form of additional units—an attractive incentive for long-term investors.
Why investors are watching
Killam’s appeal lies in its combination of:
- Strong asset base and geographic diversification
- High profitability and efficient operations
- Reliable monthly distributions with reinvestment incentives
- Solid market performance in a booming sector
As demand for residential rental properties remains robust and interest in real estate equities continues to climb, Killam Apartment REIT stands out as a compelling opportunity for income-focused and growth-oriented investors alike.
Whether you’re an investor seeking stable returns or simply curious about Canada’s real estate landscape, Killam Apartment REIT is a name worth knowing.
Killam Apartment REIT stock (TSX:KMP.UN) closed trading at C$19.01.
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