InterRent Real Estate Investment Trust

IIP.UN

CA46071W2058

Residential REITs

Delayed Toronto S.E. Other stock markets 10:04:28 2024-07-16 EDT			5-day change	1st Jan Change
12.66 ^CAD	+1.28%		+3.52%	-4.31%

06-26	InterRent REIT Brief: Says In connection with its prior announced normal course issuer bid to purchase up to 13,736,806 trust units, it entered into an automatic unit purchase plan	MT
06-18	InterRent Real Estate Investment Trust Declares Distribution for the Month of June 2024, Payable on or About July 15, 2024	CI

InterRent Real Estate Investment Trust Declares Distribution for the Month of January 2023, Payable on or About February 15, 2023

January 17, 2023 at 10:11 am

InterRent Real Estate Investment Trust announced 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.

Latest news about InterRent Real Estate Investment Trust

InterRent REIT Brief: Says In connection with its prior announced normal course issuer bid to purchase up to 13,736,806 trust units, it entered into an automatic unit purchase plan	06-26	MT
InterRent Real Estate Investment Trust Declares Distribution for the Month of June 2024, Payable on or About July 15, 2024	06-18	CI
InterRent Real Estate Investment Trust (TSX:IIP.UN) announces an Equity Buyback for 13,736,806 shares, representing 9.45% of its issued share capital.	05-21	CI
InterRent REIT Secures TSX Approval for Normal Course Issuer Bid	05-21	MT
InterRent REIT Brief: Announcing Normal Course Issuer Bid; May Involve Up To 10% of Public Float	05-21	MT
InterRent Real Estate Investment Trust authorizes a Buyback Plan.	05-20	CI
InterRent Real Estate Investment Trust Announces May 2024 Distributions, Payable on or About June 17, 2024	05-16	CI
Transcript : InterRent Real Estate Investment Trust, Q1 2024 Earnings Call, May 09, 2024	05-09
InterRent REIT Brief: Q1 Adjusted Funds from Operations of $18.5 million, reflecting an improvement of 12.8%. AFFO per unit (diluted) of $0.126, up 10.8% YoY	05-09	MT
InterRent Real Estate Investment Trust Reports Earnings Results for the First Quarter Ended March 31, 2024	05-09	CI
REITs Brief: Bloomberg Reporting That Ontario Teachers' Pension Plan Weighing $5 Billion Sale of Amica, a private provider of luxury seniors residences	04-17	MT
InterRent Real Estate Investment Trust Announces April 2024 Distribution, Payable on or about May 15, 2024	04-16	CI
RBC Capital Markets Says Outperform Ratings For Canadian REITs Still Intact	03-20	MT
InterRent Real Estate Investment Trust Announces Distribution for the Month of March 2024, Payable on or About April 15, 2024	03-18	CI
BMO Raises InterRent REIT Target to $15, Maintains Outperform	03-04	MT
InterRent REIT Brief: National Bank Says "Strong Ops and Stable interest expense outlook Signal FFO/unit Inflection"	03-01	MT
InterRent REIT Brief: Keeps Outperform Rating and Target Raised To C$15.50 From $15.25 at National Bank After Q4 2023 "Occupancy-driven NOI Beat"	03-01	MT
Transcript : InterRent Real Estate Investment Trust, Q4 2023 Earnings Call, Feb 29, 2024	02-29
InterRent REIT's Q4 AFFO, Proportionate Operating Revenue Climbs	02-29	MT
InterRent Real Estate Investment Trust Reports Earnings Results for the Full Year Ended December 31, 2023	02-29	CI
InterRent REIT Brief: Adjusted Funds from Operations of $18.1 million, reflecting an improvement of 13.1%. AFFO per unit (diluted) of $0.124, up 12.7% YoY	02-29	MT
An unknown buyer completed the acquisition of Five Properties, Totaling 224 Suites, in Côte-Saint-Luc, Quebec from InterRent Real Estate Investment Trust (TSX:IIP.UN).	02-28	CI
InterRent Real Estate Investment Trust (TSX:IIP.UN) acquired 25% stake in Property located at 360 Laurier Avenue, Ottawa, Ontario. for CAD 4.4 million.	02-28	CI
CAPREIT Brief: Q4 FFO per unit Diluted $0.602	02-22	MT
InterRent Real Estate Investment Trust Declares Distribution for the Month of February 2024, Payable on or About March 15, 2024	02-16	CI

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Company Profile

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.

Sector

Residential REITs

Calendar

2024-08-05 - Q2 2024 Earnings Release

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Ratings for InterRent Real Estate Investment Trust

Trading Rating

Investor Rating

ESG Refinitiv

B-

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

12.5 CAD

Average target price

14.98 CAD

Spread / Average Target

+19.82%

Consensus

Quarterly revenue - Rate of surprise

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