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) to grow both funds from operations per Unit and net asset value per Unit through investments in a diversified portfolio of multi-residential properties; (ii) to provide Unitholders with sustainable and growing cash distributions, payable monthly; and (iii) to maintain a conservative payout ratio and balance sheet.
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: PINK
Country: US
Currency: US Dollar ($)
| GIC Sector: | Real Estate |
|---|---|
| GIC Group: | Real Estate |
| GIC Industry: | Equity Real Estate Investment Trusts (REITs) |
| GIC Sub-Industry: | Residential REITs |
| Forward PE: | 21.8341 |
|---|---|
| Trailing PE: | 5.9963 |
| Price-to-Book MRQ: | 0.6886 |
| Price-to-Sales TTM: | 6.3512 |
| IPO Date: | 2000-01-13 |
| Fiscal Year End: | December |
| Full Time Employees: | 435 |