InterRent Real Estate Investment Trust (IIP-UN.TO)
Toronto · CAD · Real Estate · REIT - Residential
CA$13.54 (+0.07%) as of
Key statistics
- Market cap
- 1.92B
- P/E (TTM)
- 338.50
- Forward P/E
- 19.91
- EPS (TTM)
- 0.04
- Dividend yield
- 2.93%
- 52-week range
- 12.38 – 13.55
- Beta
- 0.89
- Revenue (TTM)
- 246.94M
- Profit margin
- 1.88%
- Analyst target
- CA$13.55
- Volume
- 647.37k
About InterRent Real Estate Investment Trust
InterRent Real Estate Investment Trust is a growth-oriented real estate investment trust. The firm 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. InterRent Real Estate Investment Trust was incorporated in Ontario, Canada in 2006.
- Sector
- Real Estate
- Industry
- REIT - Residential
- Headquarters
- Ottawa, ON, Canada
Financial statements (income statement, balance sheet, cash flow) and an interactive price chart are available on this page with JavaScript enabled.