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

<< Previous

Bullboard Posts

Next >>

Post by retiredcfon Aug 13, 2022 7:04am

132 Views

Post# 34893658

Stockchase Insights

BUY

InterRent REIT(IIP.UN-T)

07/08/2022 at 08:00pm

Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. Positive Same-Property Net Operating Income(SPNOI). Peers reported negative SPNOI. Rising financing costs, but better than peers. Low interest rates locked in. Current environment represents high barriers for the supply side given the increase in interest rates and operating costs, making existing apartment profiles such as IIP valuable.

PROPERTY MNGMNT / INVESTMENT

Stockchase Insights

$13.310

Unknown

<< Previous

Bullboard Posts

Next >>

FLYHT and WestJet partner on weather forecasting