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InterRent Real Estate Investment Trust (IIP-UN.TO)

Previous Close
$13.56
Sector Valuation Confidence Level
Low
Valuation methodValue, $Upside, %
Artificial intelligence (AI)32.09137
Intrinsic value (DCF)8.68-36
Graham-Dodd Method7.28-46
Graham Formulan/a

Company Information

485 Bank Street
Ottawa, ON K2P 1Z2
Canada
Phone: (613) 569-5699
Industry: REIT - Residential
Sector: Real Estate
CEO: Mr. Bradley Cutsey C.F.A.
Full Time Employees: 482

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'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.

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