InterRent REIT Announces the Creation of a Joint Venture with Brookfield Property Group and CLV Group for a Transformative Transit Oriented Mixed-Use Development in Burlington, Ontario

Ottawa, Ontario (June 4, 2019) – InterRent Real Estate Investment Trust (TSX-IIP.UN) (“InterRent”) announced today that it has entered into a joint venture agreement with Brookfield Property Group (“Brookfield”)  and CLV Group (“CLV”) to develop an 8.5-acre,  mixed-use development in Burlington, Ontario (the “Burlington GO Lands”). The Burlington GO Lands consists of three land parcels…

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InterRent Announces $38 Million Acquisition in Montreal

Ottawa, Ontario (June 5, 2019) – InterRent Real Estate Investment Trust (TSX-IIP.UN) (“InterRent”) announced today that it has entered into an unconditional agreement to acquire a mixed-use property in Montreal, Quebec. The landmark twenty-six-storey concrete highrise, known as Hampstead Towers, is located at 5465 Queen Mary Road in Montreal’s sought-after Hampstead neighbourhood. The property currently…

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InterRent Announces June 2019 Distributions

Ottawa, Ontario (June 13, 2019) – InterRent Real Estate Investment Trust (TSX-IIP.UN) (“InterRent”) announced today that its distribution declared for the month of June 2019 is $0.024167 per Trust unit, equal to $0.29 per Trust unit on an annualized basis.  Payment will be made on or about July 15, 2019 to unitholders of record on…

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INTERRENT REIT ANNOUNCES $175 MILLION EQUITY OFFERING TO FUND PROPERTY ACQUISITIONS IN THE CITY OF MONTREAL

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Ottawa, Ontario (June 18, 2019) – 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 (the “Underwriters”) led by Scotiabank, Desjardins Capital Markets and BMO…

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InterRent REIT Closes $201 Million Bought Deal Financing

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Ottawa, Ontario (July 9, 2019) – InterRent Real Estate Investment Trust (TSX-IIP.UN) (“InterRent”) announced today the closing of its previously announced public offering of 14,375,000 trust units (the “Offered Units”) from treasury (the “Offering”), which includes the full exercise of…

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