Killam reports 'largest rental gains' on new leases in company's history in most recent update

Rents increased the most on new leases in Halifax, Saint John and Moncton

CBC NewsAndrew Lam

Halifax-based landlord Killam Apartment REIT recorded the "largest rental gains" in company history for when new tenants move into an apartment, according to its financial report for the quarter ending Sept. 30.

Killam owns 5,710 apartment units in Halifax and more than 18,000 across Canada. 

"Rental increases achieved with new leases are strongest in Halifax, Saint John and Moncton," said Killam executive vice-president Robert Richardson during the company's third-quarter earnings call on Nov. 7…

Continued...

Read the full story on the CBC website

Killam reports 'largest rental gains' on new leases in company's history in most recent update

SOURCE www.cbc.ca

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https://capebreton.lokol.me/s/killam-reports-largest-rental-gains-on-new-leases-in-companys-history-in-most-recent-update-5311-10016659
CBC NewsAndrew Lam, Posted: Nov 25, 2024 5:00 AM EST | Last Updated: 11 minutes ago
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