Overview

* Killam Q3 2025 same property NOI grows 5.5%, driven by 5.2% same property revenue increase

* Net income for Q3 2025 falls due to fair value loss on investment properties

* Company completed C$147.6 mln in property dispositions, reinvested in acquisitions

Outlook

* Company expects full occupancy for The Carrick by early 2026

* Killam anticipates completion of Waterloo and Halifax projects in 2026

* Company committed to capital recycling, targeting non-core asset dispositions

Result Drivers

* SAME PROPERTY NOI - Driven by a 5.2% increase in same property revenue, supported by higher rental rates and ancillary revenue

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 C$98.47

Property mln

Revenue

Q3 Net C$41.86

Income mln

Q3 FFO C$41.88

mln

Q3 C$67.79

Operatin mln

g Income

Q3 Same 5.20%

Property

Revenue

Growth

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)