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InterRent REIT Declares January 2025 Distribution

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InterRent REIT Un ( ($TSE:IIP.UN) ) has shared an announcement.

InterRent REIT announced a distribution of $0.033075 per Trust unit for January 2025, which annualizes to $0.3969 per unit. This announcement underscores the company’s strategy of delivering stable and growing returns to its investors, aligning with its objectives of maintaining a conservative payout ratio and enhancing portfolio value.

More about InterRent REIT Un

InterRent REIT is a growth-oriented real estate investment trust focused on enhancing Unitholder value through the acquisition and ownership of multi-residential properties. The company aims to expand its portfolio in stable markets, leveraging industry expertise to increase funds from operations and net asset value, while providing sustainable and growing cash distributions to Unitholders.

YTD Price Performance: -1.86%

Average Trading Volume: 488,153

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$1.48B

See more data about IIP.UN stock on TipRanks’ Stock Analysis page.

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