News

The following announcements have been pulled together in one easy to navigate location in order to provide unitholders and the financial community quick and easy access to selected press releases.  Please check back regularly for new releases.

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17
Apr

Ottawa, Ontario (April 17, 2018) – InterRent Real Estate Investment Trust (TSX-IIP.UN) (“InterRent”) announced today that its distribution declared for the month of April 2018 is $0.0225 per Trust unit, equal to $0.27 per Trust unit on an annualized basis.  Payment will be made on or about May 15, 2018 to unitholders of record on April 30, 2018.

28
Mar

Ottawa, Ontario (March 28, 2018) – InterRent Real Estate Investment Trust (TSX-IIP.UN) (“InterRent”) announced today the closing of its previously announced public offering of 10,005,000 trust units (the “Offered Units”) from treasury (the “Offering”), which includes the full exercise of the over-allotment option granted to the underwriters in connection with the Offering, at a price of $9.78 per Offered Unit for gross proceeds of $97,848,900.

22
Mar

Ottawa, Ontario (March 22, 2018) – InterRent Real Estate Investment Trust (TSX-IIP.UN) (“InterRent”) announced today that its distribution declared for the month of February 2018 is $0.0225 per Trust unit, equal to $0.27 per Trust unit on an annualized basis.  Payment will be made on or about April 16, 2018 to unitholders of record on March 31, 2018.

08
Mar

Ottawa, Ontario (March 8, 2018) – InterRent Real Estate Investment Trust (TSX-IIP.UN) (“InterRent” or the “REIT”) announced today that it has entered into an agreement with a syndicate of underwriters co-led by Desjardins Capital Markets and BMO Capital Markets (the “Underwriters”) to purchase 8,700,000 trust units of InterRent (the “Trust Units”) at a price of $9.78 per Trust Unit for gross proceeds of approximately $85 million on a bought deal basis (the “Offering”).

22
Feb

Ottawa, Ontario (February 22, 2018) – InterRent Real Estate Investment Trust (TSX-IIP.UN) (“InterRent” or the “REIT”) today reported financial results for the fourth quarter and year-ended December 31, 2017.

20
Feb

Ottawa, Ontario (February 20, 2018) – InterRent Real Estate Investment Trust (TSX-IIP.UN) (“InterRent”) announced today that its distribution declared for the month of February 2018 is $0.0225 per Trust unit, equal to $0.27 per Trust unit on an annualized basis.  Payment will be made on or about March 15, 2018 to unitholders of record on February 28, 2018.

12
Feb

Ottawa, Ontario (February 12, 2018) – InterRent Real Estate Investment Trust (TSX-IIP.UN) (“InterRent”) announced today that it has reached an unconditional agreement to acquire 2 properties, totalling 172 suites, in Grimsby, Ontario for $21,075,000. InterRent has also recently closed on 2 other properties, one in Montreal, Quebec and one in Hamilton, Ontario.

06
Feb

Ottawa, Ontario (February 6, 2018) – InterRent Real Estate Investment Trust (TSX-IIP.UN) (“InterRent” or the “REIT”) announced today that it has entered into an agreement (the “Asset Purchase Agreement”) with CLV Group Inc., the REIT’s external property manager (“CLV Group” or the “Property Manager”), to internalize the REIT’s property management function (the “Internalization” or the “Transaction”).

24
Jan

Ottawa, Ontario (January 23, 2018) – InterRent Real Estate Investment Trust (TSX-IIP.UN) (“InterRent”) announced today that its distribution declared for the month of January 2018 is $0.0225 per Trust unit, equal to $0.27 per Trust unit on an annualized basis.  Payment will be made on or about February 15, 2018 to unitholders of record on January 31, 2018.

21
Dec

Ottawa, Ontario (December 21, 2017) – InterRent Real Estate Investment Trust (TSX-IIP.UN) (“InterRent”) announced today that its distribution declared for the month of December 2017 is $0.0225 per Trust unit, equal to $0.27 per Trust unit on an annualized basis.  Payment will be made on or about January 15, 2018 to unitholders of record on December 31, 2017.

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