Halifax | 47%
Ontario | 10%
Fredericton | 10%
Moncton | 10%
St. John’s | 7%
Charlottetown | 7%
Saint John | 6%
Other | 3%
Killam Fundamentals
atlantic Canada’s  
Market leader
We are Atlantic Canada’s largest residential 
landlord with a 14% market share of 
apartments in the region’s six largest cities. 
With a portfolio of over 11,000 apartment 
units in Atlantic Canada, including 5,000 in 
Halifax, we have strong market recognition 
and are able to meet the rental needs of 
a diversified and growing customer base. 
Our established operating platform allows 
us to maximize efficiencies and support 
additional growth in the region and 
beyond.
apartment net operating Income  
by Core Market
for the year ended December 31, 2013
expanding annually 
through acquisitions  
and Development
We have grown our real estate portfolio 
on an annual basis through the acquisition 
of apartments and MHCs.  Since 2010, we 
have been complementing our growth 
with developments.  2013 marked the 
Company’s biggest year for acquisitions 
and developments in eight years, adding 
$191 million in properties to the portfolio.  
Growth is funded through a combination 
of equity, mortgage debt and the 
recycling of assets, further increasing the 
quality of the portfolio. In 2013 we sold a 
portfolio of MHCs in New Brunswick, the 
proceeds of which will be used primarily 
for apartment acquisitions.
annual Investment in acquisitions  
and Development
$ millions
$200
$150
$100
$50
$0
$(50)
$(100)
 Acquisitions  Development  Dispositions
 09 10 11 12 13
4 Killam ProPerties inc | 2013