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InterRent Real Estate Investment Trust
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.
Market Cap
CAD 1.8B
Volume
602.6K
Cash and Equivalents
CAD 2.7M
EBITDA
CAD 134.2M
Tax Rate Collected
N/A
Tax Rate Ratio
N/A
Gross Profit
CAD 163.4M
Profit Margin
66.19%
52 Week High
CAD 13.55
52 Week Low
CAD 12.38
Dividend
2.93%
Price / Book Value
0.84
Price / Earnings
409.03
Price / Tangible Book Value
0.84
Enterprise Value
CAD 3.5B
Enterprise Value / EBITDA
25.97
Operating Income
CAD 133.2M
Return on Equity
0.20%
Return on Assets
2.01
Cash and Short Term Investments
CAD 2.7M
Debt
CAD 1.7B
Equity
CAD 2.3B
Revenue
CAD 246.9M
Unlevered FCF
CAD 197.9M
Sector
Residential REITs
Category
N/A