It will be held as originally scheduled, on May 7, 2020 at 1:30pm Atlantic Time at Killam's head office, 3700 Kempt Road, Halifax, NS. We're about more than real estate and solid investments. We expect this crisis will result in an increase in NSFs and bad debt expense in 2020 but it is too early to estimate what that amount may be. Killam has the flexibility to adjust its capital program. Crombie REIT is one of Canada’s leading national real estate investment trusts. Our development projects currently underway are expected to continue post crisis. April 2020 occupancy remains strong. CT REIT Announces Offering of $150M 2.371% Series G Senior Unsecured Debentures due January 6, 2031 and Redemption of $150M 2.159% Series C Senior Unsecured Debentures due June 1, 2021 November 13, 2020 Important factors that could cause actual results to differ materially from expectations include, among other things, the impact of COVID-19, general economic and market factors, competition, changes in government regulation and the factors described under “Risk Factors” in Killam’s annual information form and other securities regulatory filings. Killam’s occupancy remains strong, with apartment occupancy at 97.0% during Q1-2020, and MHC occupancy at 97.7%. Disclosure of Insider Trading - SEDI For those facing financial hardship, we will work with our residential and commercial tenants to find flexible solutions on a case-by-case basis. Killam owns, manages and develops multi-family residential properties in Atlantic Canada, Ontario and Alberta. Killam expects delays in completing repositioning work during this period of crisis. Killam’s condensed consolidated interim Financial Statements and Management’s Discussion and Analysis (the “Q3 MD&A”) for the three and nine months ended September 30, 2020, are posted under Financial Reports in the Investor Relations section of Killam’s website at www.killamreit.com and each of which are filed on SEDAR. Our CPC includes individuals from Killam’s property management, human resources, and information technology teams, as well as the executive team. Killam has access to $87 million of additional capital through its credit facilities (which includes the accordion feature on its $40 million committed revolver facility), as well as approximately $75 million of unencumbered assets. Killam Apartment REIT, based in Halifax, NS, is one of Canada’s largest residential landlords, … Communications with our tenants and employees is a priority. Management expects to provide an update to its 2020 strategic targets when it releases its Q1-2020 results on May 6th. HALIFAX, April 28, 2020 /CNW/ - Killam Apartment REIT (TSX: KMP.UN) announced the details for its upcoming 2020 Annual Meeting ("the Meeting") of unitholders. This compares with first quarter occupancy in 2019 of 97.1% and 97.8%, respectively. Killam has established a Covid-19 Response Committee (CRC) focused on monitoring this evolving pandemic and has developed the Pandemic Illness Plan as a guideline to help mitigate and manage the spread of the virus. It will be held as originally scheduled, on May 7, 2020 at 1:30pm Atlantic Time at Killam's head office, 3700 Kempt Road, Halifax, NS . Investor inquiries should be directed to: Nancy Alexander, CPA, CA We will continue to communicate with residents through our website, social media and via posters in the lobbies of each of our buildings. We have completed mortgage financings over the last month and our lenders have reassured us of their commitment to Killam during this pandemic crisis. Canadian Apartment Properties Real Estate Investment Trust. Killam Apartment REIT, based in Halifax, Nova Scotia, is one of Canada's largest residential landlords, owning, operating and developing multi-family apartments and manufactured home communities. Our staff are working remotely, when possible, with a limited number of staff in any given office or property. 3700 Kempt Road, Suite 100 Tel: 902-453-9000 Developing high-quality properties in its core market. Investor Relations > Contact CAPREIT. We have access to capital through two lines of credit totalling $75 million. Unless otherwise stated, all forward-looking statements speak only as of the date to which this presentation refers, and the parties have no obligation to update such statements. 3700 Kempt Road, Suite 100 HALIFAX, NS, June 30, 2020 /CNW/ – Killam Apartment REIT (TSX: KMP.UN) will release its financial results for the second quarter ended June 30, 2020, on Wednesday, August 5, 2020, after the close of the Toronto Stock Exchange.A webcast and conference call to discuss these results and current business initiatives will be held on Thursday, August 6, 2020, at 9:00 AM ET. All Killam employees who are required to self-isolate or who are ill will receive paid time-off, as we have made temporary adjustments to our Leave Policy. Canada Housing and Mortgage Corporation - CMHC We are pleased to report solid operating and financial results... | … SOURCE Killam Apartment Real Estate Investment Trust. We appreciate that many people have questions about Killam’s response and exposure to COVID-19. ... Investors can learn more about CAPREIT, its business and its growth strategies by browsing through our investor relations information. This plan will be updated as required. We have closed amenity spaces at our properties to assist with social distancing, including gyms, libraries, social rooms and theatres. HALIFAX , April 28, 2020 /CNW/ - Killam Apartment REIT (KMP-UN.TO) announced the details for its upcoming 2020 Annual Meeting ("the Meeting") of unitholders. See Dale Noseworthy's compensation, career history, education, & memberships. Killam is evaluating existing opportunities in its acquisition pipeline to determine viability. We're an engaged part of each community in which we operate. We invest with discipline to both maintain our assets and grow where opportunities allow, through acquisitions and developments. Atlantic Canadian Economics Council - APEC-ECON Computershare Trust Company of Canada 100 University Avenue Toronto, Ontario Canada M5J 2Y1 T: 1-800-564-6253 W: www.computershare.com We have made the decision to stop the collection of rental increases and will not issue any further rental increases during this period of crisis, beginning with April 1, 2020 rent payment. In addition, we have an accordion feature on one of these lines for an additional $20 million. The actual results and performance of Killam Apartment REIT discussed herein could differ materially from those expressed or implied by such statements. We will closely monitor traffic and turnover levels in the coming months as we approach our peak leasing season. We will work with tenants to discuss payment options for those facing financial hardship. SOURCE Killam Apartment Real Estate Investment Trust. In addition to health and safety measures noted above, Killam recognizes the financial challenges facing many Canadians. The cautionary statements qualify all forward-looking statements attributable to Killam Apartment REIT and persons acting on its behalf. We are committed to investing in properties to create value for our Unitholders. Halifax NS, B3K 4X8, Toll Free: 1-866-453-8900 Killam is actively following up with those accounts in arrears. Killam has financial covenants on its $70 million credit facilities and is in compliance with these covenants. Many provinces have implemented legislation to this effect, and we are fully supportive. Killam recognizes that as a property owner, business operator, employer and community member, we have an important role to play in managing and controlling the spread of the COVID-19 virus. Shareholder preferences are the driving force behind Killam Properties Inc.’s proposed conversion to a REIT structure, rather than any underlying changes to its strategy, portfolio or operations.. We have increased the frequency and diligence of cleaning of all high-touch areas at our properties. Investor Relations. These statements generally can be identified by use of forward-looking words such as “may”, “will”, “expect”, “estimate”, “anticipate”, “intends”, “believe” or “continue” or the negative thereof or similar variations. Readers are directed to these documents for financial details and a … Killam’s debt as a percentage of total asset as December 31, 2019 was 43.4%. Killam Apartment REIT, based in Halifax, Nova Scotia, is one of Canada's largest residential landlords, owning, operating, managing and developing a $3.6 billion portfolio of apartments and manufactured home communities. 11 Church Street, Suite 401 Toronto, Ontario, Canada M5E 1W1 Tel: (416) 861-9404 . A webcast and conference call to discuss these results and current business initiatives will be held on Thursday, May 2, 2019, at 9:00 AM ET. RioCan is publicly traded and is listed on the Toronto Stock Exchange under the symbol REI.UN. Vice President, Investor Relations and Sustainability Nancy Alexander, CPA, CA Vice President, Investor Relations & Sustainability at Killam Apartment REIT Halifax, Canada Area 452 connections The REIT's portfolio offers a compelling long-term investment opportunity managed by a highly experienced team with a proven track record in the industry. 3700 Kempt Road Suite 100 The covenants require Killam to maintain a leverage limit of not more than 70% of debt to total assets, debt service coverage of not less than 1.3 times and unitholders equity of not less than $900 million. B3K 4X8 Yes, 75-80% of our tenants are on a preapproved payment plan. I’d like to provide you with an update on Killam’s response to the COVID-19 pandemic, and our considerations at this challenging time. Killam's condensed consolidated interim Financial Statements and Management's Discussion and Analysis (the "Q3 MD&A") for the three and nine months ended September 30, 2020, are posted under Financial Reports in the Investor Relations section of Killam's website at www.killamreit.com and each of which are filed on SEDAR. Halifax NS, B3K 4X8, Toll Free: 1-866-453-8900 Killam has nine seasonal MHC communities in Ontario and New Brunswick, which typically operate from mid-May to late September. HALIFAX, Nova Scotia, April 01, 2019 (GLOBE NEWSWIRE) -- Killam Apartment REIT (TSX: KMP.UN) will release its financial results for the first quarter ended March 31, 2019, on Wednesday, May 1, 2019, after the close of the Toronto Stock Exchange. Killam Apartment REIT Announces Strong Q4 and 2019 Operating Performance and Financial Results and a 3.0% Distribution Increase Canada NewsWire HALIFAX, Feb. … As of April 8, 2020, Killam has received approximately 93% of rental revenue due for the month of April, including approximately 95% for the apartment and MHC portfolios. TSX Trust Company 301 – 100 Adelaide Street West, Toronto ON M5H 4H1 Toll Free: 1 (866) 393-4891 Tel: (416) 361-0152 Fax: (416) 361-0470 E-mail: [email protected] Website : www.tmx.com Ms. Noseworthy, currently Vice President, Investor Relations and Corporate Planning, has been with Killam since 2006. The Killam Apartment REIT PE ratio based on its reported earnings over the past 12 months is 8.05.The shares are currently trading at C$16.6.. As of April 8, 2020, mortgage financings and renewals have progressed on schedule with no mortgage financing delays noted as a result of COVID-19. About Killam Apartment REIT. B3K 4X8 Killam's current portfolio includes $2.0 billion in real estate assets. These seasonal MHCs may have a delayed opening for the 2020 season due to emergency measures currently imposed in Ontario and New Brunswick. WPT Industrial Real Estate Investment Trust is a Canadian REIT uniquely focused on owning, managing and growing a portfolio of institutional-quality industrial properties in the United States. Investor inquiries should be directed to: Nancy Alexander, CPA, CA At the property level, we have increased the frequency and diligent cleaning of all high-touch areas at our properties. We enforce self-isolation as directed by our health authorities for employees who have travelled, or have been in contact with a carrier, or who are symptomatic. Leasing activity has continued following the onset of the pandemic as leasing agents are readily able to work remotely. ATTENTION Read the latest on our COVID-19 pandemic planning. Killam’s historical bad debt expense is low and was less than 0.2% of rental revenue in 2019. We have prepared a Q&A to help answer questions. HALIFAX, NS, Aug. 5, 2020 /CNW/ - Killam Apartment REIT today reported its results for the three and six months ended June 30, 2020. HALIFAX, NS, June 30, 2020 /CNW/ - Killam Apartment REIT (TSX: KMP.UN) will release its financial results for the second quarter ended June 30, 2020, on Wednesday, August 5, 2020, after the close of the Toronto Stock Exchange.A webcast and conference call to discuss these results and current business initiatives will be held on Thursday, August 6, 2020, at 9:00 AM ET. For further information: Nancy Alexander, CPA, CA, Vice President, Investor Relations and Sustainability, [email protected], (902) 442-0374. We are communicating with our residents to let them know the actions we’re taking to help protect their health and wellbeing. Killam’s executive team is fully engaged and receives continuous updates from our regions. Increasing earnings from its existing portfolio. Killam had a balance of $12.5 million owing on its lines of credit as of April 8, 2020. All of Killam’s construction sites are currently still operational, but we are seeing a slowdown. RioCan Real Estate Investment Trust (REIT) is an unincorporated "closed-end" trust governed by the laws of the Province of Ontario and constituted pursuant to a Declaration of Trust. Killam’s focus is on our existing portfolio during this period of crisis. It is too early to predict what the change in turnover might be. Fax: 902-442-5325, Q3 2020 Management’s Discussion and Analysis, Q2 2020 Management's Discussion and Analysis, Q1 2020 Management's Discussion and Analysis, 2019 Environmental, Social and Governance Report, Q4 2019 Management's Discussion and Analysis, Distribution History and DRIP information. Unit showing procedures have been adjusted to adhere to social distancing guidelines using Killam’s online operating platform and technology for virtual showings. I am proud of the responsiveness and professionalism the group has taken in keeping our residents informed and safe. Find all the important Quarterly and Annual financial reports from Boardwalk REIT. Executive Summary. Killam owns a $3.6 billion real estate portfolio, located in Atlantic Canada, Ontario, Alberta and British Columbia. Please note, this document may contain forward-looking statements with respect to Killam Apartment REIT and its operations, strategy, financial performance and condition. This is generally in line with the average rent collected by the eighth day of the month. Killam Apartment REIT is a growth-oriented Canadian real estate investment trust. A recording of the Meeting will be available on Killam's website for one year. We have a diversified and high-quality lender base and 80% of our mortgage debt is CMHC insured. With an upper limit of debt as a percentage of total assets of 70% according to our Declaration of Trust, Killam has flexibility to increase is debt levels in the future. Phone: 902-442-0374 Such statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations. 3700 Kempt Road Suite 100 Also, we have provided information related to proper hygiene practices and encouraged all residents to follow the protocols set-out by government and health authorities. Killam Apartment REIT is a growth-oriented Canadian real estate investment trust owning, operating and developing apartments and manufactured home communities (MHCs). This allows for sustainable growth and value creation, which our Unitholders can rely on. The latest Annual report and Quarterly reports are posted here. We are supporting staff to work remotely, where possible. Killam has additional mortgage renewals scheduled for the remainder of 2020 with upfinancing estimated to be approximately $40 million. Currently less than 1% of residential tenants have requested rent deferrals. Tel: 902-453-9000 Killam's condensed consolidated interim Financial Statements and Management's Discussion and Analysis (the "Q3 MD&A") for the three and nine months ended September 30, 2020, are posted under Financial Reports in the Investor Relations section of Killam's website at www.killamreit.com and each of which are filed on SEDAR. Dale Noseworthy, CPA, CA, CFA has been appointed Chief Financial Officer of Killam Apartment REIT, effective April 1, 2017. Dale Noseworthy is Chief Financial Officer at Killam Apartment Real Estate Investment Trust. During this period of crisis, we will not be evicting anyone who has arrears caused by financial hardship linked to the COVID-19 virus. Yes, we do not anticipate issues on construction draws. Firstly, our priority is the health and safety of our employees, residents, partners and communities. Fax: 902-442-5325, COVID-19 | Letter to Stakeholders | March 23, 2020, COVID-19 | Stakeholder Q&A | Updated April 13, 2020, 2020 Annual General Meeting Webcast - May 7, 2020 - 12:30PM Eastern, Q3 2020 Management’s Discussion and Analysis, Distribution History and DRIP information. [email protected], Securities Filings - SEDAR At this time, additional costs associated with the delays are not expected to be material. Through commercial, retail, and residential developments, we're helping build the future of real estate in Canada. Killam has been actively monitoring the growing impact of the virus and implementing its Pandemic Illness Plan to help lessen the spread of the virus and maintain the continued good health of all our stakeholders. Halifax, Nova Scotia,  Toronto Stock Exchange - TSX, Head Office Contact Information We are providing support to our Killam employees across the country, assisting them as they adjust their routines and cleaning practices in the face of this challenge. Killam’s strategy to maximize value and profitability focuses on three priorities: The impact of COVID-19 is being felt by everyone in Canada and around the world. No, we do not anticipate any issues with completing upcoming mortgage refinancings. 4.7% of Killam’s 2019 net operating income was generated from our 739,000 square foot commercial portfolio. The timing for starting new developments will be dependent on the length and depth of the COVID-19 pandemic. Killam will review the commencement timelines of the new development projects scheduled to break ground in the second half of the year. This pause in certain capital projects may lead to a reduction in Killam’s capital spend in 2020 compared to the original estimate of between $70 and $75 million. Halifax, Nova Scotia,  Killam has activated the following actions in response to the COVID-19 pandemic: We have a committed team at Killam who are adapting quickly to the changing circumstances. Phone: 902-442-0374 We are providing support to our employees across the country, assisting them as they adjust their routines and cleaning practices in the face of this challenge. For further information: Nancy Alexander, CPA, CA, Vice President, Investor Relations & Sustainability, [email protected], (902) 442-0374. Killam's portfolio includes $2.2 billion in real estate assets, including 14,545 apartment units and 5,165 manufactured home community (MHC) sites. Our amenity spaces, including gyms, libraries, social rooms and theatres, have been closed to assist with social distancing. Financial Statements Killam's condensed consolidated interim Financial Statements and Management's Discussion and Analysis for the three and six months ended June 30, 2020, are posted under Financial Reports in the Investor Relations section of Killam's website at www.killamreit.com.Readers are directed to these documents for financial details and a discussion of Killam's results. This spend represents the expected cost to maintain and sustain Killam’s properties, excluding value enhancing investments. Also, we have made the decision to waive the collection of rental increases and will not issue any further rental increases during this period of crisis, beginning with the April 1, 2020, rent payment. During this period of social distancing relating to COVID-19, Killam is limiting capital projects to essential projects, within the parameters of federal and provincial mandated regulations. Killam’s suite repositioning program, which had accelerated to more than 300 units in 2019 and expected to target 500 in 2020, may be affected by the pandemic. The NOI growth target was set prior to the onset of this global health pandemic. Minto Apartment REIT, traded under the symbol MI.UN on the TSX, is Canada's only 100% urban multi-residential real estate investment trust. [email protected], Head Office Contact Information Vice President, Investor Relations and Sustainability Killam’s turnover in 2019 was 30%. Closing amenity spaces enables cleaning resources to better focus on the areas that tenants more regularly frequent. Killam’s maintenance capital spend per year is estimated to be $900 per apartment unit, $300 per MHC site and $0.70 per square foot of commercial space, equal to $14 million in 2019. The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. 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