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Bullboard - Stock Discussion Forum
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.
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TSX:IIP.UN - Post Discussion
InterRent Real Estate Investment Trust
> Same price it was 7 years ago
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•••
BSdetector2016
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Post by
BSdetector2016
on Jan 16, 2025 9:55am
Same price it was 7 years ago
Chart has that ominous perma-down trend and yet the analysts keep chirping "Buy". I'd avoid this basket case.
(125)
•••
Panic54321
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Comment by
Panic54321
on Jan 17, 2025 8:42am
7 year low ... perfect time to buy I read all the quarterly reports and go by the numbers .. is it good to buy when everyone hates The sector ? Buy low and hold for the long haul ... or buy low and wait well collecting the dividend.. its an investment for people want to own apartment buildings... - for the long haul
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