• Killam Properties Careers Page



  • The Corporation made an initial public offering of 2,000,000 common shares in the capital of the Corporation.

  • The Common Shares were listed and posted for trading on the TSX Venture Exchange on December 21, 2000 and the Corporation was established and organized as a Capital Pool Company.


  • First acquisition completed in February 2002.

  • Killam ended fiscal 2002 with 331 units in six apartments located in Halifax, Nova Scotia and Moncton and Saint John, New Brunswick.


  • Killam purchased its first manufactured home community and acquired its first asset in Newfoundland.

  • During 2003 Killam's acquisitions totaled $45 million, increasing the portfolio to 1,800 units.

  • Killam Properties graduated to the TSX in April 2003.


  • Killam completed $167 million in acquisitions in 2004, increasing the total unit count to 6,133 units as at December 31, 2004.

  • Geographic diversification continued with apartment acquisitions in Charlottetown, Prince Edward Island and Fredericton, New Brunswick and MHC acquisitions in Atlantic Canada and Southern Ontario.


  • During 2005 Killam continued its consolidation strategy with the acquisition of an additional $200 million of assets representing 5,296 units.

  • Killam expanded its geographic diversity with the acquisition of an MHC is Saskatoon, Saskatchewan and 12 communities throughout Ontario.

  • At the end of 2006 Killam's portfolio included 11,429 units, including 6,468 apartment units and 4,961 MHC units, with a total gross value of $466 million.


  • Growth continued in 2006 with $103 million in acquisitions, increasing capital assets by 28.2%.

  • Internal growth was realized in 2006 with a 2.6% improvement in year-over-year net operating earnings for properties owned for equivalent periods in 2005 and 2006.

  • Killam completed the sales of two pieces of surplus land in Halifax for a total gain of $1.1 million.

  • The Company purchased its first asset in Alberta.

  • Killam expanded its MHC portfolio through the completion of new sites in two communities in Nova Scotia.


  • Completed $125 million in acquisitions.

  • Initiated annualized dividend of $0.56 per share.

  • Increased same store net operating income by 5.1%.

  • Continued to add geographic diversification to the portfolio with $32 million in acquisitions outside of Atlantic Canada, including the Company's first property in British Columbia.

  • Expanded the manufactured home sales segment with the completion of 45 new home sales, contributing to FFO per share growth.


  • Achieved highest occupancy in its history.

  • Completed $36 million in acquisitions.

  • Payed out $19 million in dividends to shareholders.

  • Increased funds from operations (FFO) by 6.3%.

  • Completed 83 new manufactured home sales at its recently expanded communities.


  • Maintained high occupancy throughout the year.

  • Increased funds from operations per share by 9.0% to $0.73 per share.

  • Strengthened the balance sheet, reducing gross debt to the gross book value of assets to 65.2%.


  • Completed $115 million in acquisitions, including Killam's first apartment acquisitions in Ontario

  • Generated FFO per share of $0.74, compared to $0.73 in 2009.

  • Achieved 4.8% growth in same store net operating income during the year. 

  • Began construction of Killam's first apartment development.


  • Completed $106 million in acquisitions.

  • Completed construction of 49-unit Charlotte Court in Charlottetown, Killam's first apartment development.

  • Began construction of four other developments, including developments in Halifax, Fredericton, St. John's and Charlottetown.

  • Increased the dividend by 3.6%.

  • Raised $86 millon in capital, primiarily to fund future property acquisitions and development.

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