Halifax, Nova Scotia, Canada-based Killam Properties, Inc. (TSX:KMP) reports for the second quarter, ending June 30, 2014 its funds from operations (FFO) per diluted share increased 5.9 percent from $0.18 to $0.19 over the same period 2013. Same store net operating income (NOI) grew by 1.3 percent, and same store rental revenue by 2.2 percent, Q2 2014 over 2013, according to newswire.ca. Property revenue grew by 5.8 percent, from $34,506,000 to $36,518,000, while net operating income increased 6.0 percent, from $20,225,000 to $21,441,000. Total assets for the six months from Dec. 31, 2013 to June 30, 2014, rose 3.9 percent, from $1.53 billion to $1.59 billion, as MHProNews has learned. Killam is one of the largest owners of manufactured housing communities in Canada. ##

(Photo credit: Killam Properties, Inc.)