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

InterRent Real Estate Investment Trust is a growth-focused entity committed to enhancing investor value and generating steadily increasing, sustainable cash distributions. This is achieved through the strategic acquisition and ownership of multi-residential properties. InterRent's expansion strategy targets markets characterized by stable vacancy rates, sufficient residential units to enable efficient portfolio management, and compelling opportunities for value-adding acquisitions. Guided by the proven industry experience of its Trustees, Management, and Operational Team, InterRent's primary goals are: (i) to boost both funds from operations per Unit and net asset value per Unit via investments in a diverse portfolio of multi-residential assets; (ii) to provide Unitholders with consistent and escalating monthly cash distributions; and (iii) to maintain a conservative payout ratio and a robust financial position.

Market snapshot

Symbol
IIP-UN.TO
Price
$12.93
Day change
+0.00%
Market cap
$1.8B
P/E ratio
390.06x
52-week range
12.38-13.67
Sector
Real Estate
Industry
REIT - Residential

Peer companies

  • Allied Properties Real Estate Investment Trust (AP-UN.TO)
  • Artis Real Estate Investment Trust (AX-UN.TO)
  • Boardwalk Real Estate Investment Trust (BEI-UN.TO)
  • BSR Real Estate Investment Trust (HOM-U.TO)
  • Killam Apartment REIT (KMP-UN.TO)
  • Mainstreet Equity Corp. (MEQ.TO)
  • Morguard North American Residential Real Estate Investment Trust (MRG-UN.TO)
  • NorthWest Healthcare Properties Real Estate Investment Trust (NWH-UN.TO)

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