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 > $ 18.24

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Comment by Bookendson Jul 14, 2021 9:16pm

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Post# 33547382

RE:$ 18.24

With Canadian properties increasing on average like 30% anually, investors had a load of time to purchase here at a huge discount to the January - March 2020 highs. Hope everyone is on board! Let the train run!

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