HALIFAX, NS, Nov. 17, 2023 /CNW/ - Killam Apartment REIT ("Killam" or the "REIT") (TSX: KMP.UN) is pleased to announce that it has sold five non-core properties in Prince Edward Island for $27.0 million. Killam's proceeds from the sale are $11.9 million, net of the mortgages associated with the properties. The transaction, encompassing 227 residential units across 11 buildings, reflects the sale of Country Place, 27 Longworth Avenue, 280 Shakespeare Drive, and the Ducks Landing apartment buildings.
Read more at newswire.caKillam Apartment REIT Announces $27 Million of Strategic Dispositions of Non-Core Assets
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