Skip to main content
Canada’s most-awarded newsroom for a reason
Enjoy unlimited digital access
$1.99
per week
for 24 weeks
Canada’s most-awarded newsroom for a reason
$1.99
per week
for 24 weeks
// //

Interrent Real Estate Investment Trust TSX: IIP-UN-T

Today's Change
Volume
Real-Time Last Update TSX Last Sale

More stories below advertisement

InterRent Announces July 2021 Distributions

Business Wire - Fri Jul 16, 9:30AM CDT
InterRent Real Estate Investment Trust (TSX-IIP.UN) ("InterRent") announced today that its distribution declared for the month of July 2021 is $0.027125 per Trust unit, equal to $0.3255 per Trust unit on an annualized basis. Payment will be made on or about August 16, 2021 to unitholders of record on July 31, 2021.About InterRentInterRent 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.The TSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.View source version on businesswire.com: https://www.businesswire.com/news/home/20210716005315/en/SOURCE: InterRent Real Estate Investment TrustFor further information about InterRent please contact:Mike McGahanChief Executive OfficerTel: (613) 569-5699 Ext 244Fax: (613) 569-5698e-mail: mmcgahan@interrentreit.comBrad Cutsey, CFAPresidentTel: (613) 569-5699 Ext 226Fax: (613) 569-5698e-mail: bcutsey@interrentreit.comCurt Millar, CPA, CAChief Financial OfficerTel: (613) 569-5699 Ext 233Fax: (613) 569-5698e-mail: cmillar@interrentreit.comCOMTEX_389917425/1006/2021-07-16T10:30:00

More stories below advertisement

All market data (will open in new tab) is provided by Barchart Solutions. Copyright © 2021.

Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. For exchange delays and terms of use, please read disclaimer (will open in new tab).

To view this site properly, enable cookies in your browser. Read our privacy policy to learn more.
How to enable cookies