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.

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InterRent Real Estate Investment Trust > No insider buys and no buybacks despite NCIB

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Post by EstevanOutsideron Oct 03, 2024 11:02am

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Post# 36251673

No insider buys and no buybacks despite NCIB

management not finding their stock cheap? one of the only names without insider buying for a couple years. pretty shameful. but quality of team matters. i started buying here but dont like lack of insider buying or lack of buyback useage. investors give a cold shoudler to company's that dont do what they say they do... so iip not buying back units at these lows deserves to be punished by mkt imho until proven otherwise. anybody got an idea when they are going to start buying back?

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