Canada's Killam Apartment REIT's Q4 same property revenue rises
Overview
Canada real estate trust's Q4 same property revenue rose 4.1% yr/yr
FFO per unit for Q4 increased 3.4% from Q4 2024
Reported Q4 net loss of C$147.5 mln due to deferred tax recovery absence
Outlook
Killam expects FFO growth in 2026 from The Carrick, completed in July 2025
Company anticipates FFO growth in 2027 from projects in Waterloo and Halifax
Result Drivers
SAME PROPERTY PERFORMANCE - Killam's Q4 same property revenue grew by 4.1%, driven by rental rate increases and ancillary revenue
DEVELOPMENT CONTRIBUTIONS - Recently completed developments, including The Carrick, bolstered FFO growth
CAPITAL RECYCLING - Proceeds from non-core asset sales were reinvested in acquisitions and developments, aiding diversification
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Property Revenue |
| C$96.26 mln |
|
Q4 Net Income |
| -C$147.49 mln |
|
Q4 FFO |
| C$37.26 mln |
|
Q4 Operating Income |
| C$63.97 mln |
|
Q4 Same Property Revenue Growth |
| 4.1% |
|
Press Release: ID:nCNWm3b7za
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
Related Articles
Best AI Tools for Stock Analysis in 2026 to Boost Your Investment Portfolio
As Artificial Intelligence (AI) continues to enhance everyday decision-making, these tools will allow us to leverage artificial intelligence to analyse stocks and optimise our investment portfolio.
Strategy Defies DAT Sell-Off, Doubles Down Amid Leverage Woes
MicroStrategy acquired over 1,000 additional Bitcoins last week, with Michael Saylor stating the company will purchase Bitcoin every quarter moving forward.
Silver Faces Sixth Consecutive Year of Supply Deficit, How Much Upside Is Left in 2026?
TradingKey - According to the 2026 Silver Market Outlook recently released by the Silver Institute, the current robust performance of the silver market remains supported by solid fundamentals. The report indicates that the global silver market is expected to face a structural supply-demand imbalance
Retail Trading Hub Robinhood Sinks Again, Slumping Over 7% After Hours, Signaling Lack of Interest in Crypto?
TradingKey - Robinhood (HOOD) reported a 34% decline in fourth-quarter net profit to $605 million, with total revenue of $1.28 billion missing Wall Street expectations.
After $20B Debt Sale, Google’s Rare 100-Year Bond Sparks Scrutiny: Has AI Drained the Tech Giant’s Coffers?
TradingKey - According to a Financial Times report, Google parent Alphabet (GOOG)(GOOGL) is planning to issue bonds denominated in British pounds and Swiss francs, which may include the first 100-year GBP bond of this century.
