trending Market Intelligence /marketintelligence/en/news-insights/trending/Q0ZKdSsnH1nwzNmFdgeVyg2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Killam Apartment REIT closes C$134M of acquisitions in Q2

Gauging Supply Chain Risk In Volatile Times

The Commercial Real Estate (CRE) Sector Feels the Impact of the Coronavirus

Credit Analytics Case Study Poundworld Retail Ltd

Segment

IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help


Killam Apartment REIT closes C$134M of acquisitions in Q2

Canada's Killam Apartment REIT closed C$134 million worth of acquisitions during the second quarter including C$73.5 million for the remaining 50% interest in three properties, including Grid 5, Silver Spear and the development site for a 128-unit apartment adjacent to Silver Spear.

The real estate investment trust also acquired a 50% interest in the Charlottetown Mall in Prince Edward Island for C$23.8 million, representing a 6.7% all-cash yield, and closed the C$8.3 million acquisition of a newly constructed 59-unit apartment building in Fredericton, New Brunswick, for an all-cash yield of 5.8%.

Killam, in reporting its second-quarter results, added that it bought a 127-unit apartment and a 45,500-square-foot commercial complex in Dieppe, New Brunswick, for C$28.9 million. The deal also includes a 2.5-acre vacant land for future residential development.

In mid-August, Killam will close the roughly C$9.3 million acquisition of a new, fully occupied, four-story apartment building in Fredericton.