InterRent Real Estate Investment Trust is a Canadian real estate investment trust, specializing in residential real estate, and based in Ottawa, Ontario. As of April 2018, it owns 8,800 suites in Ontario and Quebec, worth $1.66 billion.[2] It is listed on the Toronto Stock Exchange under the symbol IIP.UN.
History
InterRent was founded in 2006, and listed on the Toronto Stock Exchange in 2007.[3] The company experienced significant growth between 2009 and 2017, doubling its portfolio.[4] In 2013, it purchased 3 buildings worth $35 million in Montreal.[5] Two years later, in 2015, the company announced it had appointed Brad Cutsey as its president.[1] In 2017, InterRent bought a one-third share in Trinity Station, a proposed development near Ottawa's