News & Videos - INTERRENT REAL ESTATE INVESTMENT TRUST

InterRent Real Estate Investment Trust (TSX-IIP.UN) (“ InterRent ”) announced today that its distribution declared for the month of August 2023 is $0.0300 per Trust unit, equal to $0.3600 per Trust unit on an annualized basis. Payment will be made on or about September 15, 2023, to unitholders of record on August 31, 2023. About InterRent InterRent REIT is a growth-oriented real estate investment trust engaged in increasing Unitholder value and creating a growing and sustainable distribution...

InterRent Real Estate Investment Trust (TSX-IIP.UN) (“ InterRent ” or the “ REIT ”) today reported financial results for the second quarter ended June 30, 2023. Operational and Financial Highlights: Same Property and Total Portfolio occupancy for June 2023 were 95.4%, an increase of 30 basis points compared to the same period last year. Average Monthly Rent (“AMR”) of $1,531 for the Total Portfolio and $1,523 for the same property portfolio, an increase of 6.8% and 6.5%...

InterRent Real Estate Investment Trust (TSX-IIP.UN) (“ InterRent ”) announced today that its distribution declared for the month of July 2023 is $0.0300 per Trust unit, equal to $0.3600 per Trust unit on an annualized basis. Payment will be made on or about August 15, 2023, to unitholders of record on July 31, 2023. About InterRent InterRent REIT is a growth-oriented real estate investment trust engaged in increasing Unitholder value and creating a growing and sustainable distribution...

InterRent Real Estate Investment Trust (TSX-IIP.UN) (“ InterRent ”) announced today that it will release its 2023 second quarter financial results before the market opens on Wednesday, August 2, 2023. Management will host a conference call and webcast to speak to these results on Wednesday, August 2, 2023 at 10:00 AM EST. Conference Call & Webcast The dial-in numbers for the conference call are 1-888-396-8049 (toll free) and 416-764-8646 (international). No access code required. The webcast...

InterRent Real Estate Investment Trust (TSX-IIP.UN) (“InterRent” or “REIT”) announced today that in connection with its previously announced normal course issuer bid (“NCIB”) to purchase up to 13,582,032 trust units (“Units”), it entered into an automatic unit purchase plan (“AUPP”) with a designated broker. The AUPP is intended to allow for the purchase of Units under the NCIB at times when the REIT would ordinarily not be permitted to purchase shares due to regulatory...

InterRent Real Estate Investment Trust (TSX-IIP.UN) (“ InterRent ”) announced today that its distribution declared for the month of June 2023 is $0.0300 per Trust unit, equal to $0.3600 per Trust unit on an annualized basis. Payment will be made on or about July 17, 2023, to unitholders of record on June 30, 2023. 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...

InterRent Real Estate Investment Trust (TSX-IIP.UN) (the “ REIT ”) is pleased to announce the voting results from its 2023 Annual Meeting (the “ Meeting ”) of unitholders held on June 12, 2023. Each of the matters voted upon at the Meeting is discussed in detail in the REIT’s management information circular dated May 8, 2023 (the “ Information Circular ”) and is available on the REIT’s website at www.interrentreit.com/MIC2023 . A total of 110,328,230 units representing...

InterRent Real Estate Investment Trust (TSX-IIP.UN) (“InterRent” or “REIT”) announced today that it has received approval from the Toronto Stock Exchange (“TSX”) for a Normal Course Issuer Bid (the “Bid”) commencing on May 23, 2023 up to and including May 22, 2024. Under the terms of the Bid, InterRent may purchase up to 13,582,032 trust units (“Units”) (representing approximately 10% of the REIT’s public float of 135,820,320 Units). For the previous Bid effective May 16,...

InterRent Real Estate Investment Trust (TSX-IIP.UN) (“ InterRent ”) announced today that its distribution declared for the month of May 2023 is $0.0300 per Trust unit, equal to $0.3600 per Trust unit on an annualized basis. Payment will be made on or about June 15, 2023, to unitholders of record on May 31, 2023. 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...

InterRent Real Estate Investment Trust (TSX-IIP.UN) (“ InterRent ” or the “ REIT ”) today reported financial results for the first quarter ended March 31, 2023. This press release has been amended and restated to correct the commentary regarding same-property NOI growth in the previous press release issued at 7:30 am ET on Tuesday, May 9, 2023. AMR growth and occupancy gains drive robust NOI margin expansion of 90bps over Q1 2022 Same property occupancy for March 2023 was 96.9%, an...

InterRent Real Estate Investment Trust (TSX-IIP.UN) (“ InterRent ” or the “ REIT ”) today reported financial results for the first quarter ended March 31, 2023. AMR growth and occupancy gains drive robust NOI margin expansion of 90bps over Q1 2022 Same property occupancy for March 2023 was 96.9%, an increase of 140 basis points when compared to March 2022, inline with December 2022, helped drive same property NOI for the quarter to $35.8 million, an increase of $3.7 million, or 11.4%,...

InterRent Real Estate Investment Trust (TSX-IIP.UN) (“ InterRent ”) announced today that its distribution declared for the month of April 2023 is $0.0300 per Trust unit, equal to $0.3600 per Trust unit on an annualized basis. Payment will be made on or about May 15, 2023, to unitholders of record on April 30, 2023. 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...

InterRent Real Estate Investment Trust (TSX-IIP.UN) (“ InterRent ”) announced today that it will release its 2023 first quarter financial results before the market opens on Tuesday, May 9, 2023. Management will host a conference call and webcast to speak to these results on Tuesday, May 9, 2023 at 10:00 AM EST. Conference Call & Webcast The dial-in numbers for the conference call are 1-888-396-8049 (toll free) and 416-764-8646 (international). No access code required. The webcast will be...

InterRent Real Estate Investment Trust (“InterRent”, the “REIT”) (TSX: IIP.UN) is thrilled to announce today that it has closed on the purchase of a 605-suite apartment community at 2 & 4 Hanover Road in Brampton, Ontario. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230327005705/en/ (Photo: Business Wire) The acquisition is a joint-venture with Crestpoint Real Estate Investments Limited and Vestcor Inc. InterRent‘s...

InterRent Real Estate Investment Trust (TSX-IIP.UN) (“ InterRent ”) announced today that its distribution declared for the month of March 2023 is $0.0300 per Trust unit, equal to $0.3600 per Trust unit on an annualized basis. Payment will be made on or about April 17, 2023, to unitholders of record on March 31, 2023. About InterRent InterRent REIT is a growth-oriented real estate investment trust engaged in increasing Unitholder value and creating a growing and sustainable distribution...

InterRent Real Estate Investment Trust (TSX-IIP.UN) (“ InterRent ” or the “ REIT ”) today reported financial results for the fourth quarter and the year ended December 31, 2022. Occupancy gains and strong AMR growth results in robust operating performance Total portfolio occupancy improvement of 120bps results in occupancy rate 96.8% for December 2022 as compared to 95.6% for both December 2021 and September 2022. Same property occupancy improvement of 110bps over September 2022 and...

InterRent Real Estate Investment Trust (TSX-IIP.UN) (“ InterRent ”) announced today that its distribution declared for the month of February 2023 is $0.0300 per Trust unit, equal to $0.3600 per Trust unit on an annualized basis. Payment will be made on or about March 15, 2023, to unitholders of record on February 28, 2023. About InterRent InterRent REIT is a growth-oriented real estate investment trust engaged in increasing Unitholder value and creating a growing and sustainable distribution...

InterRent Real Estate Investment Trust (TSX-IIP.UN) (“ InterRent ”) announced today that it will release its 2022 fourth quarter financial results before the market opens on Tuesday, March 7, 2023. Management will host a conference call and webcast to speak to these results on Tuesday, March 7, 2023 at 10:00 AM EST. Conference Call & Webcast The dial-in numbers for the conference call are 1-888-886-7786 (toll free) and 416-764-8658 (international). No access code required. The webcast will...

InterRent Real Estate Investment Trust (TSX-IIP.UN) (“ InterRent ”) announced today that its distribution declared for the month of January 2023 is $0.0300 per Trust unit, equal to $0.3600 per Trust unit on an annualized basis. Payment will be made on or about February 15, 2023, to unitholders of record on January 31, 2023. About InterRent InterRent REIT is a growth-oriented real estate investment trust engaged in increasing Unitholder value and creating a growing and sustainable...

InterRent Real Estate Investment Trust (TSX-IIP.UN) (“ InterRent ”) announced today that its distribution declared for the month of December 2022 is $0.0300 per Trust unit, equal to $0.3600 per Trust unit on an annualized basis. Payment will be made on or about January 16, 2023, to unitholders of record on December 31, 2022. About InterRent InterRent REIT is a growth-oriented real estate investment trust engaged in increasing Unitholder value and creating a growing and sustainable...