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InterRent REIT Brief: Q1 Adjusted Funds from Operations of $18.5 million, reflecting an improvement of 12.8%. AFFO per unit (diluted) of $0.126, up 10.8% YoY MT
InterRent Real Estate Investment Trust Reports Earnings Results for the First Quarter Ended March 31, 2024 CI
REITs Brief: Bloomberg Reporting That Ontario Teachers' Pension Plan Weighing $5 Billion Sale of Amica, a private provider of luxury seniors residences MT
RBC Capital Markets Says Outperform Ratings For Canadian REITs Still Intact MT
BMO Raises InterRent REIT Target to $15, Maintains Outperform MT
InterRent REIT Brief: National Bank Says "Strong Ops and Stable interest expense outlook Signal FFO/unit Inflection" MT
InterRent REIT Brief: Keeps Outperform Rating and Target Raised To C$15.50 From $15.25 at National Bank After Q4 2023 "Occupancy-driven NOI Beat" MT
Transcript : InterRent Real Estate Investment Trust, Q4 2023 Earnings Call, Feb 29, 2024
InterRent REIT's Q4 AFFO, Proportionate Operating Revenue Climbs MT
InterRent Real Estate Investment Trust Reports Earnings Results for the Full Year Ended December 31, 2023 CI
InterRent REIT Brief: Adjusted Funds from Operations of $18.1 million, reflecting an improvement of 13.1%. AFFO per unit (diluted) of $0.124, up 12.7% YoY MT
An unknown buyer completed the acquisition of Five Properties, Totaling 224 Suites, in Côte-Saint-Luc, Quebec from InterRent Real Estate Investment Trust (TSX:IIP.UN). CI
InterRent Real Estate Investment Trust (TSX:IIP.UN) acquired 25% stake in Property located at 360 Laurier Avenue, Ottawa, Ontario. for CAD 4.4 million. CI
CAPREIT Brief: Q4 FFO per unit Diluted $0.602 MT
National Bank Raises Price Targets for Real Estate Firms, Provides Preview MT
RBC Capital Markets Expects Stronger Returns For Canadian REITs in 2024 MT
Transcript : InterRent Real Estate Investment Trust, Q3 2023 Earnings Call, Nov 01, 2023
InterRent REIT Swings to a Q3 Loss on a Rise In Fair-Value Charges MT
Tranche Update on InterRent Real Estate Investment Trust (TSX:IIP.UN)'s Equity Buyback Plan announced on May 17, 2023. CI
InterRent Real Estate Investment Trust Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023 CI
National Bank on InterRent REIT's Ottawa Property Tour MT
Feds Propose to Remove GST/HST on Purpose-built Rental Development MT
An unknown buyer acquired 54-suite Property in Ottawa, Ontario from InterRent Real Estate Investment Trust (TSX : IIP.UN) for CAD 11.5 million. CI
RBC Capital Markets Lists Canadian REITs With Outperform Ratings MT
Tranche Update on InterRent Real Estate Investment Trust (TSX:IIP.UN)'s Equity Buyback Plan announced on May 9, 2022. CI
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InterRent Real Estate Investment Trust is a real estate investment trust. It is engaged in acquisition, ownership, management and repositioning of strategically located, income-producing, multi-residential properties. Its primary objectives are to grow both funds from operations per Unit and net asset value per Unit through investments in a diversified portfolio of multi-residential properties; to provide Unitholders with sustainable and growing cash distributions, payable monthly, and to maintain a conservative payout ratio and balance sheet. The Company's portfolio of properties is located across various locations, such as Ajax, Brossard, Gatineau, Hamilton, Mississauga, Montreal, Oakville, Ottawa, St. Catharines, Stratford, Toronto, Trenton, and Vancouver. Its properties include 10 - 14 REID DRIVE, 100 MAIN STREET, 1015 ORCHARD, 1170 FENNELL AVENUE, 1276 DORCHESTER AVENUE, and 15 DON STREET. It also owns a 605-suite apartment community at 2 & 4 Hanover Road in Brampton, Ontario.
More about the company
Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
11
Last Close Price
11.92 CAD
Average target price
15.1 CAD
Spread / Average Target
+26.68%
Consensus

Quarterly revenue - Rate of surprise

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  5. InterRent REIT Brief: Adjusted Funds from Operations of $18.1 million, reflecting an improvement of 13.1%. AFFO per unit (diluted) of $0.124, up 12.7% YoY
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