InterRent Real Estate Investment Trust (InterRent REIT)

https://www.irent.com

InterRent Real Estate Investment Trust (InterRent REIT) was a Canadian real estate investment trust headquartered in Ottawa, Ontario, specializing in the acquisition, ownership, and management of multi-residential properties. Its core mission was to enhance unitholder value and provide a consistent, growing distribution through strategic investments. The trust aimed to achieve this by growing funds from operations and net asset value per unit, offering monthly cash distributions, and maintaining a prudent financial position.

The company's portfolio primarily consisted of multi-residential properties, with a focus on Class B and C assets, generating revenue through rental operations, including tenant leases, parking, and laundry services. InterRent REIT operated across key urban and suburban markets in Canada, including the Greater Toronto & Hamilton Area, Greater Montreal Area, National Capital Region, and the Greater Vancouver Area. Its strategy involved acquiring well-located, often under-managed properties, and implementing capital upgrades and operational enhancements to unlock value.

In a significant corporate development, InterRent Real Estate Investment Trust was acquired by Carriage Hill Properties Acquisition Corp. through a plan of arrangement that closed on July 9, 2026. Following this acquisition, the REIT's units were delisted from the Toronto Stock Exchange on or about July 10, 2026, and an application was made for it to cease being a reporting issuer. The property portfolio is now managed by CLV Group Inc. and CLV Asset Management Inc.

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CID: 9776