Ms. Sandy Rose reports

INTERRENT REIT ANNOUNCES TIMING OF SECOND QUARTER 2022 RESULTS AND CONFERENCE CALL

InterRent Real Estate Investment Trust will release its 2022 second quarter financial results before the market opens on Tuesday, Aug. 9, 2022. Management will host a conference call and webcast to speak to these results on Tuesday, Aug. 9, 2022, at 10 a.m. EDT.

Conference call and webcast

The dial-in numbers for the conference call are 1-888-886-7786 (toll-free) and 416-764-8658 (international). No access code required.

The webcast will be accessible on the REIT's website.

A replay will be available for seven days after the webcast on the REIT's website.

About InterRent Real Estate Investment Trust

InterRent 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 multiresidential 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 objectives are to use the proven industry experience of the trustees, management and operational team to: (i) grow both funds from operations per unit and net asset value per unit through investments in a diversified portfolio of multiresidential properties; (ii) provide unitholders with sustainable and growing cash distributions, payable monthly; and (iii) maintain a conservative payout ratio and balance sheet.