INTERRENT REIT ANNOUNCES TIMING OF FOURTH QUARTER 2023 RESULTS AND CONFERENCE CALL

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

OTTAWA, ON, Jan. 24, 2024 /CNW/ - InterRent Real Estate Investment Trust (TSX: IIP.UN) ("InterRent") announced today that it will release its 2023 fourth quarter financial results before the market opens on Thursday, February 29, 2024. Management will host a conference call and webcast to speak to these results on Thursday, February 29, 2024 at 10:00 AM EST.

Conference Call & Webcast
The dial-in numbers for the conference call are 1-800-717-1738 (toll free) and (+1) 289-514-5100 (international). No access code required.

The webcast will be accessible at: https://www.irent.com/2023-q4-results. A replay will be available for 7 days after the webcast at the same link.

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 objectives are to use the proven industry experience of the Trustees, Management and Operational Team to: (i) to grow both funds from operations per Unit and net asset value per Unit through investments in a diversified portfolio of multi-residential properties; (ii) to provide Unitholders with sustainable and growing cash distributions, payable monthly; and (iii) to maintain a conservative payout ratio and balance sheet. 

The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. 

SOURCE InterRent Real Estate Investment Trust

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/January2024/24/c0748.html