Killam Apartment REIT stock holds near a CAD 2.2 billion valuation

Published on 09/03/2026 at 07:51 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Killam Apartment REIT stock is backed by a CAD 2.2 billion market cap and a 4.02 percent distribution yield as of September 1, 2026.

KMP.UN, CA4969211018, Illustration mit AI erstellt.

Killam Apartment REIT stock (CA4969211018) is valued at about CAD 2.2 billion as of September 1, 2026, with a 4.02 percent distribution yield and a price to reported NAV ratio of 0.71x. The residential REIT is still trading below reported NAV, and that gap is the main number investors are watching.

Market value and yield

According to the REITstack ranking, Killam Apartment REIT carries a market cap of CAD 2.2 billion and a 4.02 percent yield in the September 1, 2026 snapshot. The same table shows a 0.71x price to reported NAV ratio, which puts the unit price at a clear discount to reported asset value.

That discount matters because the comparable Canadian apartment group Canadian Apartment Properties REIT was shown at CAD 5.1 billion in the same market snapshot, a little more than twice Killam Apartment REIT's scale. For residential REIT investors, the comparison frames Killam as a smaller but still meaningful listed landlord.

Reported NAV still anchors

The NAV reference in the same dataset is dated December 31, 2025, while the market snapshot itself is dated September 1, 2026. That creates a simple spread to watch: current market pricing against a year-end 2025 reported asset base.

A second figure stands out in the same Canadian REIT table: some peers trade above reported NAV, while Killam Apartment REIT remains below 1.0x. For valuation-focused investors, that is the key contrast.

Go deeper

Killam Apartment REIT valuation at a glance

The most useful next step is the company page for unit-level context, structure and investor material.

Killam Apartment REIT coverage Investor Relations

The apartment portfolio

Killam Apartment REIT focuses on residential real estate in Canada, and the latest public ranking keeps that model visible through the 4.02 percent yield and CAD 611 million market cap used in the table's broader residential comparison set. The market is treating income and asset backing as the two decisive variables.

Valuation snapshot

As of September 1, 2026, the unit value implied by the ranking remains tied to a CAD 2.2 billion market cap, a 0.71x reported NAV ratio and a 4.02 percent yield. That combination leaves Killam Apartment REIT in the middle of the Canadian residential REIT pack, but still priced below its reported asset base.