Bloomberg the Company & Its Products The Company & its Products Bloomberg Terminal Demo Request Bloomberg Anywhere Remote Login Bloomberg Anywhere Login Bloomberg Customer Support Customer Support Read More » Life at InterRent Inspiring trust by saying what we mean, acting honestly and taking responsibility for our actions. In depth view into InterRent Real Estate Investment Trust Total Assets (Quarterly) including historical data from 2001, charts, stats and industry comps. Showing, as well as having respect for our residents, suppliers, Unitholders and communities while maintaining an environment of teamwork and growth. Find the latest INTERRENT REIT TR.UTS (IBVA.F) stock quote, history, news and other vital information to help you with your stock trading and investing. "InterRent Real Estate Investment Trust 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. It recently raised equity and has no debt so it is in a good spot. InterRent REIT Reports Results for the Third Quarter of 2020, Operational Update Related to COVID-19 and a 5% Increase in the . What is InterRent REIT stock price? It is a trending stock that is worth watching. 42$ x 12 mois = 504$ en dividendes par année ! $28.70 +1.49%. [4], Also in 2017, InterRent purchased two buildings in Montreal at 2121 and 2255 Saint Mathieu St. for a total of $53.75 million. [10] In August 2018, a few dozen tenants traveled to Ottawa to protest at the company's Ottawa headquarters, and at the home of the company's CEO, Mike McGahan. Killam Apartment REIT properties are located in cities throughout Atlantic Canada, British Columbia, Alberta and Ontario. About InterRent. InterRent Real Estate Investment Trust is a Canadian real estate investment trust, specializing in residential real estate, and based in Ottawa, Ontario. Interrent Real Estate Investment Trust has a market capitalization of C$1.96 billion and generates C$157.33 million in revenue each year. Gross rental revenue for the quarter was $39.3 million, an increase of $5.0 million, or 14.4%, compared to Q2 2019.Operating revenue for the quarter was up $4.3 million to $39.0 million, or 12.3% compared to Q2 2019. A brief financial summary of InterRent REIT as well as the most significant critical numbers from each of its financial reports. With InterRent's portfolio continuing to demonstrate strong sustainable results, the Board of Trustees has approved a 5% increase to the distribution. InterRent is focused on Multi-Family residential properties in high-growth, urban markets across Canada. Its portfolio consists of approximately 70 Properties containing over 8,050 suites. Raymond James also issued estimates for … Continuously building on our accomplishments and setting best in class standards within our industry. The only REIT that focuses on the cannabis space. Northview Apartment REIT generated returns of 7.3% per year. What is Interrent Real Estate Investment Trust's official website? The REIT had $38.5 million in cash as of September 30, 2020. Raymond James analyst K. Avalos expects that the company will post earnings per share of $0.12 for the quarter. Its previous property manager was the CLV Group, whose president, Mike McGahan, is also CEO of InterRent. Alliance REIT creates communities and reinvests in Toronto neighbourhoods by strategically sourcing, developing and managing well located turn of century buildings into highly sought-after boutique residential rental apartments. It could be sub-par management, outdated units, or a dire need for renovation and restoration. Malaga, Ibiza, Lanzarote, or Cerdeña are just a few customised suggestions. The average 12-month target price is $85.15, implying the … InterRent Real Estate Investment Trust has dipped into the ranks of Bay Street analysts and named Brad Cutsey to the position of president.. Cutsey, an investment services veteran with more than 18 years of capital markets experience, primarily in the real estate field, is currently a managing director and group head of real estate investment banking with Dundee Securities Ltd. At the end of Q2 2020, the REIT owned and operated 10,226 apartment suites, an increase of about nine per cent during the previous 12 months. [6], In February 2018, InterRent announced it would internalize its property management functions. Alliance REIT invests in Toronto real estate by developing and managing boutique loft style rental apartments in desirable downtown neighbourhoods. Learn more about … The company operations are carried out through the region of Canada." A real estate investment trust (REIT) is a company that owns, operates, or finances income-producing properties. InterRent REIT owns and manages a high-quality portfolio of over 9,000 suites across 15 cities in Ontario and Quebec. 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 Real Estate Investment Trust (TSX-IIP.UN) ('InterRent' or the 'REIT') today reported financial results for the second quarter ended June 30, 2020.. Three of the five properties are located in Hamilton and the remaining two are in London. Boardwalk REIT’s 2018 annual report. VISION & VALUES OF INTERRENT REIT. We invite you to discover all of the destinations recommended for you! The average 12-month target price is $85.15, implying the … 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. As of April 2018, it owns 8,800 suites in Ontario and Quebec, worth $1.66 billion. Trading at 5.9% below our estimate of its fair value. Fund. InterRent REIT (IIP.UN) The Trust is a growth-oriented real estate investment trust engaged in increasing Unitholder value through the acquisition, ownership, management and repositioning of strategically located, income producing, multi-residential properties. InterRent was founded in 2006, and listed on the Toronto Stock Exchange in 2007. InterRent REIT’s 2018 annual report. The REIT has approximately $100 million in assets that are fully unencumbered and with a debt to GBV ratio of 33.4% has significant liquidity available through both CMHC insured and conventional mortgage financing. 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. You'd have to own it based on its growth profile. InterRent REIT is a growth-oriented real estate investment trust engaged in increasing shareholder value through the acquisition, ownership, ... • enhance the value of the assets and maximize long-term share value through the active management of such assets; • expand the asset base through accretive acquisitions. Investing in our properties to ensure safe, clean and high-quality homes for our residents. Interrent Real Estate Investment Trust pays out 11.7% of its earnings in the form of a dividend. Real Estate & E-Commerce Split Corp. 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. The Trust is a growth-oriented real estate investment trust engaged in increasing Unitholder value through the acquisition, ownership, management and repositioning of strategically located, income producing, multi-residential properties. $56.23 B-$0.00. In May 2018, the company applied for an Above Guideline Rent Increase, due to the improvements that had taken place. InterRent REIT owns and manages a high-quality portfolio of over 9,000 suites across 15 cities in Ontario and Quebec. Has a firm belief that management is going to drive value over time, both through acquisitions and redevelopment and repositioning of assets they have in their portfolio. The REIT intends to enhance the value of these properties through its active asset repositioning program. Encouraging and working with our teams to give back to our customers and communities through sustainable programs and philanthropic efforts. Is InterRent REIT worth watching? InterRent REIT owns and manages a high-quality portfolio of over 9,000 suites across 15 cities in Ontario and Quebec. InterRent REIT Reports Results for the Third Quarter of 2020, Operational Update related to COVID-19 and a 5% Increase in the Monthly Distribution 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. Granite Real Estate Investment Trust pays out 47.3% of its earnings in the form of a dividend. ... 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. Today's Change. Search SEC filings. blocked blocked On 2020-12-11, InterRent REIT (IIP.UN-T) stock closed at a price of $13.95. InterRent Real Estate Investment Trust (TSX-IIP.UN) ("InterRent" or the "REIT") today reported financial results for the Third quarter ended September 30, 2020. "InterRent has invested extensively in its portfolio to ensure it is best in class in its operating nodes. 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. The interrent network includes a large number of offices located in more than 40 different countries. InterRent Real Estate Investment Trust owns, operates, and develops multi-unit residential income properties. InterRent REIT is included in the S&P/TSX Composite Index representing the largest companies listed on the Toronto Stock Exchange September 30, … It looks for properties that carry certain baggage. Interrent Real Estate Investment Trust pays an annual dividend of C$0.33 per share and has a dividend yield of 2.4%. IIP has a growing presence in Montreal and he likes their overall portfolio, but assets around McGill and Concordia have taken a hit because foreign students can't enter Canada. InterRent paid roughly $38 million to CLV Group in the deal, which also eliminates potential conflict of interest. InterRent REIT Closes $75 Million Bought Deal Financing . [3] The company experienced significant growth between 2009 and 2017, doubling its portfolio. Show full opinion Hide full opinion. Real-Time Last Update TSX Last Sale Real-Time. Interrent Real Estate Investment Trust employs 359 workers across the globe. In addition, some financial ratios derived from these reports are featured. [5] Cities where it has a significant number of properties include Ottawa, Gatineau, Hamilton, Toronto and area, and Montreal. Home Dividend Stocks Real Estate Reit Other ... Net Assets LTM YIELD & DIVIDEND Dividend.com Ratings* Overall Change Last YTD Exp Ratio Vanguard Real Estate Index Fund. InterRent REIT is a growth-oriented trust focused on increasing unitholder value and creating sustainable growth for the company and in the areas where we operate. [1] In 2017, InterRent bought a one-third share in Trinity Station, a proposed development near Ottawa's Bayview Station, for $14.2 million. 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