Killam Properties Inc. Announces Appointment of Karine Macindoe to the Board of Directors

HALIFAX, March 17, 2014 /CNW/ - On behalf of the board of directors of Killam Properties Inc. ("Killam"), Robert Kay, Chairman of the Board, is pleased to announce the appointment of Ms. Karine MacIndoe as a director of the Corporation.

Ms. MacIndoe is an independent consultant, having most recently spent over ten years at BMO Capital Markets as a Managing Director and Senior Equity Research Analyst covering Real Estate / REITs.  During her tenure at BMO she was consistently ranked as an all-star (top three) analyst in the Brendan Wood Canadian Equity Research Survey.  Prior work experience also includes M&A Advisory at NM Rothschild & Sons, and management of sales planning at Canadian Airlines International.  Ms. MacIndoe has a MBA (Ivey Scholar) from the Richard Ivey School of Business and a Bachelor of Commerce (Honor Society) from the University of Calgary.

"We are pleased that Ms. MacIndoe has accepted a position on Killam's board," noted Robert Kay. "Karine's expertise in finance, capital markets and real estate will be a benefit to the board, and to Killam's shareholders."

Killam Properties Inc., based in Halifax, Nova Scotia, is one of Canada's largest residential landlords, owning, operating and developing multi-family apartments and manufactured home communities.

Note: The Toronto Stock Exchange has neither approved nor disapproved of the information contained herein. 

SOURCE Killam Properties Inc.

For further information:

Philip Fraser
President & CEO
902-453-4536              
pfraser@killamproperties.com

or

Dale Noseworthy
Vice President, Investor Relations & Corporate Planning
902-442-0388
dnoseworthy@killampropeties.com