TSX:KMP.UNResidential REITs
A Look At Killam Apartment REIT (TSX:KMP.UN) Valuation After The Forrest Green Halifax Acquisition
Killam Apartment REIT (TSX:KMP.UN) has just added Forrest Green Apartments in Halifax’s Clayton Park to its portfolio, a $29.6 million, 109 suite acquisition that comes with a 5.0% going in cap rate.
See our latest analysis for Killam Apartment REIT.
The acquisition lands at a time when Killam Apartment REIT’s share price has been firming, with a 90 day share price return of 5.76% and an 8.39% year to date share price return, while its 1 year total shareholder return sits at 11.51%. This...