10:00 AM EST - Killam Apartment REIT : Announced that it has completed the acquisition of Forrest Green Apartments, a 13-storey, 109-suite apartment building located in the Clayton Park neighbourhood of Halifax, Nova Scotia. The acquisition closed on January 27, for a gross purchase price of $29.6 million. The going-in capitalization rate on the purchase is 5.0%, and Killam anticipates placing a new CMHC-insured mortgage on the property. Killam Apartment REIT
shares T.KMP.UN are trading down $0.15 at $17.29.
