Not for Distribution to United States Newswire Services or for Dissemination in the United States
OTTAWA, ON / ACCESSWIRE / October 19, 2018 / InterRent Real Estate Investment Trust (TSX-IIP.UN)
("InterRent") announced today that its distribution declared for the month of October 2018 is $0.0225 per Trust
unit, equal to $0.27 per Trust unit on an annualized basis. Payment will be made on or about November 15, 2018 to unitholders of
record on October 31, 2018.
About InterRent
InterRent REIT is a growth-oriented real estate investment trust engaged in increasing Unitholder value and creating a growing
and sustainable distribution through the acquisition and ownership of multi-residential properties.
InterRent's strategy is to expand its portfolio primarily within markets that have exhibited stable market vacancies, sufficient
suites available to attain the critical mass necessary to implement an efficient portfolio management structure and, offer
opportunities for accretive acquisitions.
InterRent's primary objective is to use the proven industry experience of the Trustees, Management and Operational Team to: (i)
provide Unitholders with stable and growing cash distributions from investments in a diversified portfolio of multi-residential
properties; (ii) enhance the value of the assets and maximize long-term Unit value through the active management of such assets;
and (iii) expand the asset base and increase Distributable Income through accretive acquisitions.
For further information about InterRent please contact:
The TSX has not reviewed and does not accept responsibility for the adequacy or accuracy
of this release.
SOURCE: InterRent Real Estate Investment Trust
