InterRent Real Estate Investment Trust

Toronto Stock Exchange IIP-UN.TO

InterRent Real Estate Investment Trust Capital Expenditure for the year ending December 31, 2023: USD 0.00

InterRent Real Estate Investment Trust Capital Expenditure is USD 0.00 for the year ending December 31, 2023, a 0.00% change year over year. Capital expenditure is cash spent on acquiring or maintaining fixed assets, such as property, plants, and equipment (PP&E).
  • InterRent Real Estate Investment Trust Capital Expenditure for the year ending December 31, 2022 was USD 0.00.
Key data
Date Capital Expenditure Free Cash Flow Depreciation And Amortization Deferred Income Tax
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SV Wall Street
Toronto Stock Exchange: IIP-UN.TO

InterRent Real Estate Investment Trust

CEO Mr. Bradley Cutsey C.F.A.
IPO Date Oct. 5, 2001
Location Canada
Headquarters 485 Bank Street
Employees 435
Sector Real Estate
Industries
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.

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StockViz Staff

February 6, 2025

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