Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

InterRent Real Estate Investment Trust T.IIP.UN

Alternate Symbol(s):  IIPZF

InterRent Real Estate Investment Trust is a real estate investment trust. It is engaged in acquisition, ownership, management and repositioning of strategically located, income-producing, multi-residential properties. Its primary objectives are to grow both funds from operations per Unit and net asset value per Unit through investments in a diversified portfolio of multi-residential properties; to provide Unitholders with sustainable and growing cash distributions, payable monthly, and to maintain a conservative payout ratio and balance sheet. The Company's portfolio of properties is located across various locations, such as Ajax, Brossard, Gatineau, Hamilton, Mississauga, Montreal, Oakville, Ottawa, St. Catharines, Stratford, Toronto, Trenton, and Vancouver. Its properties include 10 - 14 REID DRIVE, 100 MAIN STREET, 1015 ORCHARD, 1170 FENNELL AVENUE, 1276 DORCHESTER AVENUE, and 15 DON STREET. It also owns a 605-suite apartment community at 2 & 4 Hanover Road in Brampton, Ontario.


TSX:IIP.UN - Post by User

Post by raylewison Feb 21, 2007 9:10pm
140 Views
Post# 12284404

Wait no longer...

Wait no longer...InterRent Real Estate Investment Trust (TSX-V:IIP.UN) ("InterRent") announced today that its distribution declared for the month of February 2007 is $0.0317, representing $0.38 per Unit on an annualized basis. Payment will be made on or about March 15, 2007 to Unitholders of record on February 28, 2007. The REIT also announced that holders of Class B limited partner units of InterRent Holdings Limited Partnership (a subsdiairy of the REIT) shall receive $0.0317 per limited partner unit for the month of February, payable on or about March 15, 2007. At the close of business on February 19, 2007, InterRent had 14,378,156 units issued and outstanding, which together with 774,063 class B limited partner units of InterRent Holdings Limited Partnership outstanding, results in an aggregate of 15,152,219 equivalent trust units issued and outstanding based on the exchange provisions applicable with respect to limited partner units of InterRent Holdings Limited Partnership. Holders of Units who are non-residents of Canada will be required to pay all withholding taxes payable in respect of any distributions of income by the REIT. TSX Listing InterRent is also pleased to announce that it has recently applied to list its outstanding Units on the Toronto Stock Exchange ("TSX"). If approved, listing will be subject to InterRent fulfilling the listing requirements of the TSX.
Bullboard Posts