InterRent Real Estate Investment Trust (TSX: IIP.UN)
Canada flag Canada · Delayed Price · Currency is CAD
10.81
+0.01 (0.05%)
Nov 22, 2024, 1:56 PM EST

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.

InterRent Real Estate Investment Trust
InterRent Real Estate Investment Trust logo
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