Bullboard - Stock Discussion Forum 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;... see more

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TSX:IIP.UN - Post Discussion

InterRent Real Estate Investment Trust > Analyst Comment

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Post by retiredcf on Sep 07, 2022 7:36am

Analyst Comment

As you may have gathered, he's not a fan of REITs so it's safe to assume that he's not an owner. GLTA

https://www.bnnbloomberg.ca/video/ryan-bushell-discusses-interrent-reit~2515374

DON'T BUY

InterRent REIT(IIP.UN-T)

05/09/2022 at 08:00pm

During Covid, money shifted out of office and retail and into apartments and industrials which saw big gains last year, but have come off this year. They remain pricey in valuation though. It's tough to grow by acquisition or finance new properties, so growth is limited. You get the yield, but not enough to trigger a buy.

PROPERTY MNGMNT / INVESTMENT

Ryan Bushell

$12.200

Unknown

149