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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

InterRent Real Estate Investment Trust
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Post by PressReleaseon Jul 18, 2022 10:00am
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Post# 34831077

New Press Release - InterRent REIT Announces July 2022 Distributions

New Press Release - InterRent REIT Announces July 2022 Distributions
InterRent Real Estate Investment Trust (TSX-IIP.UN) (“InterRent”)announced today that its distribution declared for the month of July 2022 is $0.0285 per Trust unit, equal to $0.3420 per Trust unit on an annualized basis. Payment will be made on or about August 15, 2022, to unitholders of record...read article.
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