InterRent Real Estate Investment Trust
Councillor calls proposal 'overwhelmingly tall and out of scale' with surroundings.
The Ottawa-based REIT is known for buying under-managed buildings in desirable locations and repositioning the properties, analysts say.
Development proposal calls for three highrise buildings of 59, 55 and 50 stories that would feature a mix of office, retail and residential space.
Ottawa-based InterRent Real Estate Investment Trust (REIT) announced this week it will acquire a three-building apartment complex near Algonquin College in a $55.7-million deal.
InterRent REIT’s second-quarter gross rental revenue increased 29.6 per cent from the same period a year earlier, the Ottawa-based company said Wednesday.
Ottawa-based InterRent Real Estate Investment Trust on Tuesday reported increases in first-quarter gross rental revenue and overall operating revenue compared with the same period a year ago.
A day after expanding its Ottawa holdings with a multi-family portfolio in Brittania, InterRent Real Estate Trust announced Thursday it has acquired a 280-suite high-rise in Montreal.
InterRent Real Estate Investment Trust announced Wednesday it has acquired a multi-family portfolio in west Ottawa that will add 286 suites to the company’s inventory.
A growing Ottawa real estate investment trust says all of its key financial metrics increased in its first quarter as it added hundreds of new residential units to its portfolio.
An Ottawa-based real estate investment trust has acquired another property in the nation’s capital, adding to a recent flurry of acquisitions across the country.