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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 > Temporary loser?
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Comment by BSdetector2016on Oct 30, 2024 8:17pm
35 Views
Post# 36289807

RE:RE:Temporary loser?

RE:RE:Temporary loser?There's too many better stocks out there. It's gone at capital break-even. Not even interest rate drops have any positive impact. The stock seems dependent upon rampant immigration. 

Panic54321 wrote:

Yeah, it sucked for close to five years, but look at the long-term chart...

 it's still a good stock to buy when it's low  and sell when it's up , so you can trade it or you can buy at this level for the long-haul...

this time I'm probably mostly trading it and I'm super comfortable to buy it below 12.  


 



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