InterRent Real Estate Investment Trust

Toronto Stock Exchange IIP-UN.TO

InterRent Real Estate Investment Trust Share Price on February 07, 2025: USD 6.99

InterRent Real Estate Investment Trust Share Price is USD 6.99 on February 07, 2025, a -30.19% change year over year. Share price reflects current trading price of a company's stock; influenced by market dynamics and company performance.
  • InterRent Real Estate Investment Trust 52-week high Share Price is USD 10.66 on February 23, 2024, which is 52.40% above the current Share Price.
  • InterRent Real Estate Investment Trust 52-week low Share Price is USD 6.71 on January 29, 2025, which is -4.04% below the current Share Price.
  • InterRent Real Estate Investment Trust average Share Price for the last 52 weeks is USD 8.72.
Key data
Date Share Price Price to Earnings Ratio (P/E) Price to Sales Ratio (P/S) Price to Book Ratio (P/B)
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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 11, 2025

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