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 Panic54321on Nov 26, 2024 4:30pm

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Post# 36332140

High volume slaughter….!

Almost 1.1 shares traded today.. this was a great buying opportunity as people are taking their tax loss..

you have to remember this has passed the lows ... ( during the worst of Covid )

Are things really worse then the hieght of Covid ?

$ 1687. Avg. rent

96% occupancy rate

interest rates have already coming down and continue to do so..

38.5 % debt. / book value

raises dividend every year ..

should have a nice pop in the new year !!

( after tax loss )

buy under $11 and wait ..

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