The Globe and Mail reports in its Monday edition that InterRent REIT is facing interest from larger rivals and activist hedge fund Anson Funds. The Globe's Andrew Willis writes that despite posting slightly better-than-expected results, executives surprised analysts by not commenting on Anson's push for a sale or Blackstone's increasing interest in the company. RBC analyst Jimmy Shan says, "An uncharacteristically tardy first quarter report, management information circular still yet to be filed combined with recent price action suggest to us that perhaps the market was anticipating news bigger than just a simple earnings update." Scotiabank analyst Mario Saric says, "Given the number of investor questions we got on InterRent's late reporting date, we suspect an expectation for 'news' on top of quarterly results was building." Anson went public in March with news it had built a 9-per-cent interest in InterRent. In recent weeks, Blackstone, a major investor in apartments, increased its holding in InterRent by 80,000 units to 8.8 million units, and now owns a 6-per-cent interest worth about $100-million. In recent months, InterRent's board has rejected takeover proposals from several suitors, including Blackstone.