IIP.UN Company 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.
Country | Canada |
Founded | 2006 |
Industry | REIT - Residential |
Sector | Real Estate |
Employees | 435 |
CEO | Bradley Cutsey |
Contact Details
Address: 485 Bank Street Ottawa, Ontario K2P 1Z2 Canada | |
Phone | 613 569 5699 |
Website | interrentreit.com |
Stock Details
Ticker Symbol | IIP.UN |
Exchange | Toronto Stock Exchange |
Fiscal Year | January - December |
Reporting Currency | CAD |
ISIN Number | CA46071W2058 |
SIC Code | 6798 |
Key Executives
Name | Position |
---|---|
Bradley Cutsey C.F.A. | President, Chief Executive Officer and Trustee |
Michael Darryl McGahan | Executive Chairman |
Curt Millar C.A., CPA | Chief Financial Officer |
Dave Nevins C.P.M. | Chief Operating Officer |
Asad Hanif | Vice President of Acquisitions |
Will Chan | Chief Information Officer |
Renee Wei | Director of Investor Relations and Sustainability |
Chris Willoughby | Vice President of Marketing |
Catherine Hebert | Chief Talent Officer |
Craig Alexander Stewart | Vice President of Finance |