Mr. Dale Noseworthy reports

KILLAM APARTMENT REIT ANNOUNCES SEPTEMBER 2016 DISTRIBUTION

Killam Apartment Real Estate Investment Trust has declared its September, 2016, monthly distribution. The distribution of five cents per unit will be paid on Oct. 17, 2016, to unitholders of record on Sept. 30, 2016.

Killam Apartment REIT offers a distribution reinvestment plan (DRIP). The DRIP provides eligible unitholders with the opportunity to reinvest their cash distributions, on each distribution payment date, in additional units. Participating unitholders will also receive an additional distribution of units representing 3 per cent of the amount of the distribution reinvested pursuant to the plan.

About Killam Apartment REIT

Killam Apartment REIT owns, operates and develops multifamily apartments and manufactured home communities. Killam's current portfolio includes $1.9-billion in real estate assets.