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.

19
Nov

Ottawa, Ontario (November 19, 2018) – InterRent Real Estate Investment Trust (TSX-IIP.UN) (“InterRent”) announced today that its distribution declared for the month of November 2018 is $0.024167 per Trust unit, equal to $0.29 per Trust unit on an annualized basis.  As previously announced, the trustees decided to increase the amount of future distributions as a result of InterRent’s portfolio demonstrating strong, sustainable results.  This month’s distribution represents a 7.4% increase over the previous 2018 monthly distributions.  Payment will be made on or about December 17, 2018 to unitholders of record on November 30, 2018.

30
Oct

Ottawa, Ontario (October 30, 2018) – InterRent Real Estate Investment Trust (TSX-IIP.UN) (“InterRent” or the “REIT”) today reported financial results for the third quarter ended September 30, 2018. With InterRent’s portfolio demonstrating strong sustainable results and with the REIT applying its disciplined approach to growing the portfolio, the Board of Trustees has approved a 7.4% increase to the distribution.  The annualized distribution increases to $0.29 per unit from $0.27 per unit. The increase will be effective for the November 2018 distribution that is to be paid in December 2018.

19
Oct

Ottawa, Ontario (October 19, 2018) – InterRent Real Estate Investment Trust (TSX-IIP.UN) (“InterRent”) announced today that its distribution declared for the month of October 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 November 15, 2018 to unitholders of record on October 31, 2018.

19
Sep

Ottawa, Ontario (September 18, 2018) – InterRent Real Estate Investment Trust (TSX-IIP.UN) (“InterRent”) announced today that its distribution declared for the month of September 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 October 15, 2018 to unitholders of record on September 30, 2018.

22
Aug

Ottawa, Ontario (August 22, 2018) – InterRent Real Estate Investment Trust (TSX-IIP.UN) (“InterRent”) announced today that its distribution declared for the month of August 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 September 17, 2018 to unitholders of record on August 31, 2018.

14
Aug

Ottawa, Ontario (August 14, 2018) – InterRent Real Estate Investment Trust (TSX-IIP.UN) (“InterRent” or the “REIT”) today reported financial results for the second quarter ended June 30, 2018.

09
Aug

Ottawa, Ontario (August 9, 2018) – InterRent Real Estate Investment Trust (TSX-IIP.UN) (“InterRent”) announced today the closing of its previously announced public offering of 10,798,500 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 $10.65 per Offered Unit for gross proceeds of $115,004,025.

23
Jul

Ottawa, Ontario (July 20, 2018) – InterRent Real Estate Investment Trust (TSX-IIP.UN) (“InterRent”) announced today that its distribution declared for the month of July 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 August 15, 2018 to unitholders of record on July 31, 2018.

19
Jul

Ottawa, Ontario (July 19, 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 Scotiabank (the “Underwriters”) to purchase 9,390,000 trust units (the “Units”) of the REIT on a bought deal basis at a price of $10.65 per Unit (the “Offering Price”) for gross proceeds of approximately $100 million (the “Offering”).

25
Jun

Ottawa, Ontario (June 20, 2018) – InterRent Real Estate Investment Trust (TSX-IIP.UN) (“InterRent”) announced today that its distribution declared for the month of June 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 July 16, 2018 to unitholders of record on June 30, 2018.

30
May

Ottawa, Ontario (May 23, 2018) – InterRent Real Estate Investment Trust (TSX-IIP.UN) (“InterRent”) announced today that its distribution declared for the month of May 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 June 15, 2018 to unitholders of record on May 31, 2018.

14
May

Ottawa, Ontario (May 14, 2018) – InterRent Real Estate Investment Trust (TSX-IIP.UN) (“InterRent” or the “REIT”) today reported financial results for the first quarter ended March 31, 2018.

11
May

Ottawa, Ontario (May 9, 2018) – InterRent Real Estate Investment Trust (TSX-IIP.UN) (the “REIT”) is pleased to announce the voting results from its 2018 Annual Meeting (the “Meeting”) of unitholders held in Ottawa on May 9, 2018.

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.

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