InterRent Real Estate Investment Trust T.IIP.UN

Alternate Symbol(s): IIPZF

Real Estate REIT - Residential

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

InterRent Real Estate Investment Trust

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Comment by Spryquasaron Mar 20, 2015 11:31am

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Post# 23543260

RE:Spryquasar..Thank you

Thank you for the information. I'm looking for a good stable residential REIT, InterRent is definately my favorite right now and I'm waiting for an entry point for a long term hold in my TFSA account. Knowing the stable income IIP distributes and the probable growth it will have, it is indeed very attractive to join the DRIP with discount they offer.
Sorry for my bad english and good luck to all

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