InterRent REIT

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InterRent REIT (REIT stands for Real Estate Investment Trust) is a Canadian real estate investment trust that specializes in acquiring, owning and managing multi-residential rental properties in urban and suburban markets across Canada. The company was founded in 1997 and is headquartered in Ottawa, Ontario.
The company's portfolio currently consists of over 14,500 residential suites located in Ontario, Quebec, Alberta, and British Columbia. These properties include both mid-rise and high-rise apartment buildings, townhouses, and garden-style communities.
InterRent's strategy is to acquire underperforming properties with potential for improvement, enhance their value through renovations and improved management, and then realize a higher return on investment through rental income and property appreciation. The company also focuses on sustainable and environmentally-friendly practices in the management of its properties.
InterRent's management team has over 20 years of experience in the Canadian multi-residential real estate market and has demonstrated a track record of creating value for shareholders through strategic acquisitions and efficient operations.
The company is publicly traded on the Toronto Stock Exchange under the symbol IIP.UN and is also listed on the OTCQX in the United States under the symbol IIPZF. InterRent pays a quarterly dividend to its shareholders and has a strong financial track record with a consistent growth in funds from operations (FFO) and net operating income (NOI).
In addition to its real estate portfolio, InterRent also has a development arm, CLV Group, which focuses on the acquisition and development of new rental properties, as well as the management and renovation of existing properties. This allows InterRent to continually grow its portfolio and diversify its investments.
Overall, InterRent REIT is a well-established and reputable company in the Canadian real estate market, with a clear strategy for growth and a strong track record of creating value for its shareholders.

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