IIPZF - InterRent REIT: Solid And Expensive

All values are in CAD unless noted otherwise.

InterRent Real Estate Investment Trust (IIP.UN) (IIPZF) owns and operates multi-residential real estate in urban markets across Ontario and Quebec.

Source: 2020 Q1 Presentation

Based on its most recent results, the bulk of its NOI is derived from major hubs, namely, Montreal, Ottawa, and Hamilton.

Source: 2020 Q1 MD&A

Its main focus is to create growth and value for its unitholders with strategic acquisitions and sustainable distributions. Mind you, the yields from this REIT are not stuff that dreams are made off, however, they do

Read more ...