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InterRent Real Estate Investment Trust (IIP_u.TO)

IIP_u.TO on Toronto Stock Exchange

12.20CAD
19 Oct 2018
Change (% chg)

$0.17 (+1.41%)
Prev Close
$12.03
Open
$12.07
Day's High
$12.27
Day's Low
$11.99
Volume
510,537
Avg. Vol
404,264
52-wk High
$12.27
52-wk Low
$8.13

Latest Key Developments (Source: Significant Developments)

Interrent REIT Announces $100 Million Bought Deal Equity Offering
Thursday, 19 Jul 2018 

July 19 (Reuters) - InterRent Real Estate Investment Trust ::INTERRENT REIT ANNOUNCES $100 MILLION BOUGHT DEAL EQUITY OFFERING TO FUND PROPERTY ACQUISITIONS.INTERRENT REAL ESTATE INVESTMENT TRUST - NET PROCEEDS FROM OFFERING WILL BE USED TO FUND ACQUISITIONS, REPAY EXISTING INDEBTEDNESS.INTERRENT REAL ESTATE INVESTMENT TRUST - ENTERED AGREEMENT TO BUY 9.4 MILLION TRUST UNITS OF REIT ON AT $10.65 PER UNIT.INTERRENT REIT - IN ADDITION, REIT HAS CONDITIONALLY AGREED TO ACQUIRE A PARCEL OF LAND REPRESENTING 6.3 ACRES FOR A PURCHASE PRICE OF $42 MILLION.  Full Article

InterRent REIT reports Q3 fully diluted FFO per unit rise 15.7 pct
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - InterRent Real Estate Investment Trust :InterRent REIT reports results for the third quarter of 2017 and a 11% increase in the monthly distribution.InterRent Real Estate Investment Trust qtrly ‍AFFO per weighted average unit - diluted $0.106​.InterRent Real Estate Investment Trust qtrly ‍fully diluted FFO per unit increased by 15.7%, from $0.102 per unit to $0.118 per unit​.InterRent Real Estate Investment Trust qtrly ‍fully diluted AFFO per unit increased by 16.5% from $0.091 per unit to $0.106 per unit​.InterRent Real Estate Investment Trust qtrly ‍NOI $17.5 million, or 63.0% of operating revenue, versus $14.7 million, or 60.9% of operating revenue last year​.  Full Article