Killam Apartment Real Estate Investment Trust (REIT) is a Canadian residential real estate investment trust headquartered in Halifax, Nova Scotia. Established to acquire, develop, and manage residential properties, Killam has become one of Canada's five largest residential rental REIT.^[6]

In 2000, Killam was founded by Phil Fraser and Rob Richardson, with its first acquisition in 2002 of 149 units with an investment of CAD$10 Million. In 2016, Killam became a REIT.^[7] In 2019, Killam ventured into commercial real estate, with the purchase of over 50 percent interest in the Charlottetown Mall,^[8] from RioCan REIT in a deal with over CAD$23 Million.^[9][10] Just two years later in 2021, Killam purchased the remainder of the interest in the Charlottetown Mall from RioCan, in partnership with Pan American Properties.^[11] In 2022, during Canada's Affordable Crisis,^[12] Killam Apartment REIT formed a coalition with the five largest publicly traded residential real estate holding companies Canadian Apartment Properties REIT (CAPREIT), Boardwalk REIT, InterRent REIT and Minto Apartment REIT.^[13][14] The coalitions mission is to help keep housing affordable for Canadians.^[15]As of 2023, they currently own more than 25,000 units, located in seven provinces across Canada.^[16]

As of February 2025, Killam's portfolio is valued at approximately $5.3 billion, encompassing a diverse range of properties across Canada. The REIT owns, operates, and develops a variety of residential properties, including apartments and manufactured home communities.^[17]

Killam's properties are located in several Canadian provinces, including:

This extensive geographic presence allows Killam to serve a wide range of residents across the country.^[18]

Killam Apartment REIT is publicly traded on the Toronto Stock Exchange, under the ticker symbol KMP.UN. As of February 5, 2025, the REIT's stock price was $11.81, with a market capitalization of approximately $1.41 billion and 119 million shares outstanding.^[19]