Killam Apartment REIT Q4 Earnings Call Highlights

Fraser said market rents have begun to stabilize in some markets, and the REIT is targeting at least 3% growth in both revenue and NOI in 2026 for the same property apartment portfolio. During the Q&A, management discussed its revenue expectations as a mix of renewals, turnover, incentives, and vacancy. Management indicated renewals in the “around the 3%” range (potentially 3.5% depending on conditions), with turnover increases in the 4% to 7% range depending on which units turn in a given month. Incentives ...