HALIFAX, NS, Oct. 6, 2026 /CNW/ -- Killam Apartment REIT (TSX: KMP.UN) ("Killam") today announced its 2026 GRESB score, based on the 2025 reporting year. Killam achieved a score of 83.9 out of a maximum possible 100 for its standing investments, representing a 2.2-point year-over-year improvement in its environmental, social, and governance (ESG) performance.

"Sustainability has long been embedded in how we operate, invest capital, and plan for the future," said Philip Fraser, President and CEO. "We approach ESG the same way we approach all our business decisions, with a focus on long-term performance, accountability, and doing the right thing."

Killam's key initiatives contributing to this achievement include:

• Energy and Emissions Reductions: Achieved year-over-year reductions in energy consumption and greenhouse gas emissions across the portfolio.
• Renewable Energy Installations: Installed solar photovoltaic (PV) systems at 13 additional buildings during the year, increasing on-site renewable energy generation capacity.
• Waste Management Improvements: Improved recycling practices through participation in a voluntary recycling program in New Brunswick.

For more information about Killam's ESG initiatives, visit https://www.killamreit.com/esg-overview.

About Killam

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 $5.6 billion portfolio of apartments and manufactured home communities. Killam's long-term 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 that target newer properties and through the disposition of non-core assets, and 3) developing high-quality properties in its core markets.

About GRESB

GRESB is an industry-driven organization that assesses ESG performance of real assets globally. Its annual benchmark provides standardized and validated data to investors and stakeholders, enabling transparency and accountability in sustainability practices.

Note: The Toronto Stock Exchange has neither approved nor disapproved of the information contained herein. Certain statements in this press release may constitute forward-looking statements, including statements regarding embedding sustainability into Killam's operations, investment and future planning; Killam's focus on long-term performance, accountability and doing the right thing; and Killam's priorities.

Readers should be aware that these statements are subject to known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from those anticipated or implied, or those suggested by any forward-looking statements, including: the effects and duration of local, international and global events, any government responses thereto and the effectiveness of measures intended to mitigate any impacts thereof; competition; government legislation and the interpretation and enforcement thereof; litigation to which Killam may be subject; global, national and regional economic conditions (including interest rates and inflation); the availability of capital to fund further investments in Killam's business; and other factors identified under the "Risk Factors" section of Killam's most recently filed annual information form, under the "Risks and Uncertainties" section of Killam's most recently filed MD&A, and in other documents Killam files from time to time with securities regulatory authorities in Canada, each of which is available on SEDAR+ at www.sedarplus.ca. Killam does not intend to update or revise any forward-looking statement, whether as a result of new information, future events, circumstances, or otherwise, except as required by law. The forward-looking statements contained in this press release are expressly qualified by this cautionary statement.

For information, please contact:
Claire Hawksworth, CPA
Senior Manager, Investor Relations
chawksworth@killamreit.com
(902) 442-5322

SOURCE Killam Apartment Real Estate Investment Trust