InterRent REIT

company

About

InterRent REIT is a growth-oriented real estate investment trust.

  • 51 - 100

Details

Last Funding Type
Post-IPO Equity
Last Funding Money Raised
$201.30M
Industries
Real Estate
Founded date
Jan 1, 2006
Number Of Employee
51 - 100
Operating Status
Active

InterRent REIT is a growth-oriented real estate investment trust 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 objective is to use the proven industry experience of the Trustees, Management and Operational Team to: (i) provide Unitholders with stable and growing cash distributions from investments in a diversified portfolio of multi-residential properties; (ii) enhance the value of the assets and maximize long-term Unit value through the active management of such assets; and (iii) expand the asset base and increase Distributable Income through accretive acquisitions.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$201.30M
InterRent REIT has raised a total of $201.30M in funding over 2 rounds. Their latest funding was raised on Jul 10, 2019 from a Post-IPO Equity round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jul 10, 2019 Post-IPO Equity $201.30M 1 Desjardins Securities Detail

Investors

Number of Lead Investors
Number of Investors
1
1
InterRent REIT is funded by 1 investors. Desjardins Securities are the most recent investors.
Investor Name Lead Investor Funding Round
Desjardins Securities Yes Post-IPO Equity