IIPZF - InterRent Real Estate Investment Trust

Other OTC - Other OTC Delayed Price. Currency in USD

InterRent Real Estate Investment Trust

485 Bank Street
Suite 207
Ottawa, ON K2P 1Z2
Canada
(613) 569-5699
http://www.interrentreit.com

Sector
Industry
Full Time Employees359

Key Executives

NameTitlePayExercisedYear Born
Mr. Michael Darryl McGahanCEO & TrusteeN/AN/AN/A
Mr. Bradley CutseyPresN/AN/A1973
Mr. Curt Millar CPA, CAChief Financial OfficerN/AN/AN/A
Mr. Dave NevinsChief Operating OfficerN/AN/AN/A
Mr. Will ChanChief Information OfficerN/AN/AN/A
Amounts are as of and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

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.

Corporate Governance

InterRent Real Estate Investment Trust’s ISS Governance QualityScore as of July 29, 2019 is 8. The pillar scores are Audit: 1; Board: 5; Shareholder Rights: 6; Compensation: 10.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.