HALIFAX,
NS, June 28, 2023 /CNW/ - Killam Apartment
REIT (TSX: KMP.UN) ("Killam") is pleased to announce that Ms.
Andrée Savoie and Mr. Shant Poladian
have been appointed to Killam's
Board of Trustees (the "Board") effective July 4, 2023.
Ms. Savoie is the President & CEO
of Acadian Properties Limited, a commercial
real estate development and property management company in the
Maritime Provinces. Ms. Savoie has served on various
boards, including National Bank of Canada,
Assumption Mutual Life Insurance Company,
Athletics New Brunswick, Greater Moncton YMCA Foundation and
Efficiency Nouveau Brunswick. Her director positions
also include chairing
the board of directors of Assumption Mutual Life
Insurance
Company in addition to appointments on the
Human Resources, Audit and Governance Committees of certain
other boards.
Committed to her community, Ms. Savoie co-founded the annual fundraising event supporting Crossroads
for Women Moncton, helping women and children transition from
crisis to empowerment by providing safe housing, education, and
one-on-one support, in addition to participating in several local
capital
campaigns. She holds a Bachelor's degree in Chemical
Engineering from McGill
University and a Master's
in Applied Sciences (specializing in Environmental Engineering) from the University of Ottawa. Ms. Savoie
also holds the Institute of Corporate Directors, Director
designation.
Mr. Poladian is a senior real estate and capital
markets professional with over two decades of experience.
He is Managing Director of Springhurst Capital Corp, a real estate
advisory firm, and CEO/co-founder of Junction Realty Partners Inc.,
a boutique private equity and real estate firm exclusively focused
on developing mini-mid rise residential rental properties in
Toronto's core urban
neighbourhoods. Previously, Mr. Poladian was the CEO of FAM
REIT.
Mr. Poladian has been involved in various capacities with
several public companies, including Canaccord
Genuity (Capital Markets)
as a Managing Director of Real Estate/REIT Equity Research Analyst,
Huntingdon Capital Corp as a Senior Executive, and Amica Mature
Lifestyles Inc. as an Independent Director and
member of the Audit Committee. Mr. Poladian is currently on the Canna 8 Investment Trust
and Jo-Jo Capital Ltd. boards, both capital pool companies.
Mr. Poladian holds a Bachelor of Commerce degree from the
University of Toronto, CPA and CA
(Ontario) designations and a US
CPA (Delaware) certificate.
"We are delighted to have Andrée and Shant join our board.
Andrée's extensive experience in commercial
real estate, her understanding of construction as a P.Eng. and her
past board experience will be a great asset for Killam, while Shant's experience as an equity
research analyst, senior management experience and knowledge of the
capital markets will provide tremendous value to Killam" commented Robert G. Kay, Chair.
About Killam Apartment REIT
Killam Apartment REIT, based in Halifax, Nova Scotia, is one of Canada's largest residential real estate
investment trusts, owning, operating, managing and developing a
$4.9 billion portfolio of apartments
and manufactured home communities and commercial
properties. Killam's strategy to enhance value and
profitability focuses on three priorities:
1) increasing earnings from existing
operations, 2) expanding the portfolio and diversifying
geographically through accretive acquisitions, with an emphasis on
newer properties, and 3) developing high-quality properties in its
core markets.
Note: The Toronto Stock
Exchange has neither
approved nor disapproved of the information contained
herein.
SOURCE Killam Apartment Real Estate Investment Trust