InterRent Real Estate Investment Trust

A sold-out crowd of 288 golfers enjoyed Wednesday afternoon's event at The Meadows Golf and Country Club.
Ottawa-based firm said its funds from operations – a key cash-flow metric – rose 16.5 per cent compared with the second quarter of 2020 to $17.8 million. 
Ottawa-based company said its funds from operations – a key cash-flow metric for REITs – rose nearly 12 per cent compared with the first quarter of 2020 to $16.2 million. 
Ottawa-based real estate investment trust said its funds from operations rose nearly 11 per cent last year to $56.7 million.
Firm said Monday it’s teaming up with Toronto-based Crestpoint Real Estate Investments to acquire 15 properties with a total of 614 suites in Canada’s third-largest city.
InterRent's funds from operations – a key cash-flow metric for REITs – rose 7.6 per cent year-over-year to $17.2 million in the third quarter.
The nine-storey development at Richmond Road and Churchill Avenue would feature commercial space on the ground floor and residential units on the eight floors above.
Funds from operations jump nearly 25 per cent year-over-year to $14.5M. 
The proposed towers are part of Claridge’s East Flats project, which calls for up to five highrises that will include more than 1.5 million square feet of residential space.
An office tower on the western edge of downtown Ottawa will soon be gutted and undergo a facelift to prepare the building’s units for residential tenants