The Globe and Mail reports in its Thursday, Feb. 27, edition that National Bank Financial analyst Matt Kornack continues to rate InterRent REIT "outperform." The Globe's David Leeder writes in the Eye On Equities column that Mr. Kornack gave his unit target a 25-cent boost to $12.25. Analysts on average target the units at $12.84. Mr. Kornack says in a note: "Despite trading weakness going into the quarter, InterRent REIT results were solid. Operating stats were fairly resilient with a peer-leading increase to occupancy sequentially, although new leasing spreads have been moderating (slotting where we would expect, behind Killam Apartment REIT and Canadian Apartment Properties REIT but ahead of Boardwalk REIT). The depth of the renter pool remains intact, although price point is an area of contention. InterRent expects to outperform its broader markets given relative portfolio quality and locations. That said, capex spend was historically low which makes the operating performance that much more impressive, and MTM remains high, although the mix of tenants turning has changed. On capital allocation, the REIT will be a net seller in 2025 ($200-million to $250-million) and active on the buyback."