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InterRent REIT Un ( ($TSE:IIP.UN) ) has shared an announcement.
InterRent REIT announced a February 2025 distribution of $0.033075 per Trust unit, equivalent to $0.3969 annually. This distribution reflects the company’s ongoing commitment to provide sustainable and growing cash returns to its unitholders while reinforcing its strategic focus on portfolio expansion and efficient management in stable markets.
More about InterRent REIT Un
InterRent REIT is a growth-oriented real estate investment trust focused on enhancing Unitholder value through acquiring and owning multi-residential properties. The company aims to expand its portfolio in markets with stable vacancies, sufficient suites, and opportunities for accretive acquisitions. Its primary objectives include growing funds from operations and net asset value per Unit, providing sustainable cash distributions, and maintaining a conservative payout ratio.
YTD Price Performance: -2.77%
Average Trading Volume: 469,897
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$1.45B
Find detailed analytics on IIP.UN stock on TipRanks’ Stock Analysis page.