Killam Properties Inc. · Halifax, NS Canada ·(Toronto: KMP)
Company Description
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This link will open in a new window Killam purchases, refurbishes, and manages apartment buildings and manufactured home communities (trailer parks) in the eastern provinces of Canada. The acquisitive company, founded in 2000, has greatly expanded its portfolio to include some 170 properties and nearly 18,000 units. Killam's strategy has been to buy communities that have fallen into disrepair, but the company is grabbing up new high quality properties as well. Key markets include Fredericton, Moncton, and Saint John (New Brunswick); Halifax (Nova Scotia); St. John's (Newfoundland); and Charlottetown (Prince Edward Island). However, the company plans to diversify geographically by making new acquisitions in central and western Canada. To read the full description, subscribe now.
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Key Killam Properties Inc. Financials
| Company Type | Public - Toronto: KMP Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $86.3 |
| 2008 Employees | 375 |
Killam Properties Inc. Executives
16 executives listed for Killam Properties Inc.'s Halifax, NS location.
| Title | Name & Bio | Contact |
| Chairman | George Reti | Network |
| President, CEO, and Director | Philip Fraser | Network |
| EVP, CFO, and Director | Robert Richardson | Network |
Competition
Competitive Landscape for Killam Properties Inc.
Demand is driven by population growth. The profitability of residential real estate brokerage and management companies depends on demand for properties and the volume of transactions they handle, both of which are usually higher during periods of strong economic growth and can be negatively impacted by a recession or too much new construction. Large companies have only modest economies of scale and benefit mainly from better name recognition than smaller rivals. Small companies compete effectively by developing expertise in a single market or region. To read the full description, subscribe now.Top Killam Properties Inc. Competitors
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