Detailed Quote
5i Report
Rating
B
Review of InterRent Real Estate Investment Trust
DEC 10, 2024 - IIP.UN is a growth-oriented REIT with the goal of increasing unitholder value and creating a growing sustainable distribution through the acquisition and ownership of multi-residential properties. Operationally, the Trust’s most recent quarterly results were decent highlighted by increasing FFO, NOI, and Occupancy. However, IIP.UN did miss on cash flow estimates for the quarter and the unit price declined further, now down almost 16% year-to-date. REITs continue to face a challenging operating environment and recent measures by the Canadian government to slow immigration will not help
Download ReportCompany Profile
Interactive Chart
Key Ratios
Earnings
Analyst Recommendations
5i Recent Questions
Q: Best replacement. Would it be different for a registered and non registered account.
-
InterRent Real Estate Investment Trust (IIP.UN)
-
CubeSmart (CUBE)
-
Agree Realty Corporation (ADC)
-
National Storage Affiliates Trust Common Shares of Beneficial Interest (NSA)
Q: Now that IIP has been scooped up. Do you feel there are any other similar type of REITS that are selling cheaply that might follow the same fate?
Canada or US?
Please also state why you feel they are undervalued and potential targets as takeovers.
Thanks
Sheldon
Canada or US?
Please also state why you feel they are undervalued and potential targets as takeovers.
Thanks
Sheldon
Q: Will IIP still be making its distributions prior to closing the deal?
Sheldon
Sheldon
Insiders
Share Information
News and Media