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InterRent Real Estate Investment Trust(IIP-UN)

Description: 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 objectives are to use the proven industry experience of the Trustees, Management and Operational Team to: (i) grow both funds from operations per Unit and net asset value per Unit through investments in a diversified portfolio of multi-residential properties; (ii) provide Unitholders with sustainable and growing cash distributions, payable monthly; and (iii) maintain a conservative payout ratio and balance sheet.


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Home Page: www.interrentreit.com

485 Bank Street
Ottawa, ON K2P 1Z2
Canada
Phone: (613) 569-5699


Officers

Name Title
Mr. Michael Darryl McGahan Exec. Chairman
Mr. Bradley Cutsey C.F.A. Pres, CEO & Director
Mr. Curt Millar C.A., CPA, CA, CPA Chief Financial Officer
Mr. Dave Nevins C.P.M. Chief Operating Officer
Mr. Asad Hanif VP of Acquisitions
Mr. Will Chan Chief Information Officer
Ms. Sandy Rose C.F.A. Director of Investor Relations & Sustainability
Mr. Chris Willoughby VP of Marketing
Ms. Catherine Hebert Chief Talent Officer

Exchange: TO

Country: CA : Canada

Currency: Canadian Dollar (C$)

Forward PE: 21.4133
Trailing PE: 0
Price-to-Book MRQ: 0.7506
Price-to-Sales TTM: 8.2442
IPO Date:
Fiscal Year End: December
Full Time Employees: 0
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