InterRent Real Estate Investment Trust

Toronto Stock Exchange IIP-UN.TO

InterRent Real Estate Investment Trust EBIT Margin for the year ending December 31, 2023: 59.60%

InterRent Real Estate Investment Trust EBIT Margin is 59.60% for the year ending December 31, 2023, a 46.58% change year over year. EBIT ratio is the ratio of EBIT to revenue, measuring a company's operating profitability without considering non-operating income or expenses.
  • InterRent Real Estate Investment Trust EBIT Margin for the year ending December 31, 2022 was 40.66%, a 445.33% change year over year.
  • InterRent Real Estate Investment Trust EBIT Margin for the year ending December 31, 2021 was -11.77%, a -135.78% change year over year.
  • InterRent Real Estate Investment Trust EBIT Margin for the year ending December 31, 2020 was 32.90%, a 218.75% change year over year.
  • InterRent Real Estate Investment Trust EBIT Margin for the year ending December 31, 2019 was -27.71%, a 32.80% change year over year.
Key data
Date EBIT Margin EPS (Basic) EPS (Diluted) Shares (Basic, Weighted)
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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

January 15, 2025

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