Interrent Re Invst Trust IIPZF

$9.51 +0.01 (0.11%)

Valuation

Market cap
1,330,031,000
Revenue TTM
$178,290,000
Net income TTM
$13,240,000
P/E (trailing)
22.30
P/E (forward)
—
Profit margin
7.43%
Debt to equity
0.74

Trading

Volume
200
Avg volume
164,054
Day's range
$9.51 – $9.51
Shares out
139,856,000
Stochastic %K
58%
Beta
0.77
Analysts
Hold
Price target
$9.83

Price

Company profile

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...

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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.

Industry
REIT - Residential
Sector
Real Estate
Phone
855 418 5377
Website
https://www.irent.com
Address
485 Bank Street, Suite 207, Ottawa, Canada

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