InterRent Real Estate Investment Trust (IIP.UN.TO)

InterRent’s strategy for achieving the Trust’s objectives includes the acquisition of multi-residential properties located in urban markets with strong employment fundamentals and improving growth prospects, management and repositioning of its existing portfolio, prudent capital structure management and actively pursuing accretive opportunities that maximize returns on equity. InterRent also believes in maintaining a prudent balance sheet and taking advantage of financing opportunities as they arise including utilizing debt to strategically enhance returns.

InterRent’s portfolio is composed of multi-residential properties located in Ontario, Quebec, Nova Scotia and British Columbia. The Trust currently has over 5000 suites across 45 properties with estimated market value of approximately $1.2 billion, based on an independent appraisal as at December 31, 2019.

InterRent’s team is focused on maximizing Unitholder value through the acquisition of accretive properties and achieving higher occupancy rates, revenue growth, and enhanced portfolio performance. The Trust also has a commitment to sustainable practices and creating energy-efficient buildings. InterRent is proud to be a leader in the REIT industry and is committed to creating long-term value for its Unitholders.

By taking an active and strategic approach to acquisitions, management, and capital structure, InterRent Real Estate Investment Trust seeks to deliver strong returns for its Unitholders. With a portfolio of multi-residential properties located across Canada, InterRent is well-positioned as a leading Canadian REIT.

InterRent’s goal is to continue to create value for its Unitholders through its disciplined and strategic approach. Through careful and prudent management, the Trust is focused on achieving accretive growth and maximizing value for its Unitholders. InterRent is committed to delivering strong returns, sustainable cash distributions and maintaining a healthy balance sheet in order to maximize shareholder returns.

Stock: IIP.UN.TO | Canada | Residential