INTERRENT REIT (IIP.UN) Stocks
ABOUT INTERRENT REIT
? InterRent REIT is a growth-oriented real estate investment trust engaged in increasing shareholder value through the acquisition, ownership, management and repositioning of strategically located, income producing, multi-residential properties.
? The Reit’s focus is to expand in the core markets of GTA, Montreal, the National Capital Region, and related markets. Areas are selected based on their ability to meet certain parameters and contribute to the REIT’s growth-oriented strategy.
? Included in these parameters are regions that have stable employment profiles derived from strong and sustainable industries and are expected to have continued population growth.
? The company also identifies cities that typically have a vacancy rate in line with or better than the Canada Mortgage & Housing Corporation (CMHC) vacancy statistics for the region, which allows for consistent cash flow, and targets markets that have sufficient supply and demand from investors.
OVERVIEW OF INTERRENT REIT
InterRent REIT works to grow its portfolio by acquiring properties that have suffered from the absence of professional management. This gives the REIT an opportunity to increase rents to market rates, improve operational efficiency and invest in energy-saving initiatives.
The REIT’s focus is to expand in its core markets of the GTA (including Hamilton), Montreal and the National Capital Region.
The REIT’s strategy is to expand its portfolio primarily within markets that have exhibited stable market vacancies, enough suites available to attain the critical mass necessary to implement an efficient portfolio management structure and, offer opportunities for accretive acquisitions.
The company’s primary objective is to use the proven industry experience of its Trustees, management and operational team to:
• provide shareholders with stable and growing cash distributions from investments in a diversified portfolio of multi-residential properties;
• enhance the value of the assets and maximize long-term share value through the active management of such assets;
• expand the asset base through accretive acquisitions.
VISION & VALUES OF INTERRENT REIT
InterRent REIT is involved in improving the community and the lives of people in which it operates. To this end, the company supports the Boys & Girls Club and its mission to provide safe, supportive places for children and youth.
The REIT enters two teams into HOPE’s flagship Volleyball SummerFest event. These participants have helped HOPE to donate over $ 3.5 million in support of more than 110 local charities.
The REIT also participates in a variety of different food drives throughout various cities within its core markets. The REIT can collect thousands of pounds worth of food per year through these initiatives.
MARKET PERFORMANCE OF INTERRENT REIT
InterRent REIT trades on the Toronto Stock Exchange (TSX), where investors can buy shares under the stock symbol -IIP.UN.
Data from the REIT’s 2019 financial analysis shows that gross rental revenue for the three months ended September 30, 2019 increased 15.8% to $ .3 million compared to $ 32.2 million for the three months ended September 30, 2018.
Operating revenue for the quarter was up $ 5.5 million to $ 37.6 million, or 17.0% compared to the previous year.
The REIT’s history of consistent growth has allowed it to secure strong share price for investors with strong long-term growth in dividends, providing a solid buy-in for those who choose to purchase shares today.
Buy INTERRENT REIT stocks / shares – ? A Step by Step Guide how to Buy / Purchase INTERRENT REIT Stocks or Shares online.
Before buying any stock or share one has to consider a few factors.
STEP 1: PROPER RESEARCH IS ESSENTIAL
Upon deciding you want to buy INTERRENT REIT Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.
Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.
STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN INTERRENT REIT STOCKS / SHARES
It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a $5 stock, multiply 100 by $5 to get $500.
STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE
Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.
STEP 4: OPEN A BROKERAGE ACCOUNT
A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.
STEP 5: COMMIT AND PURCHASE INTERRENT REIT STOCKS / SHARES
Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out. Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of INTERRENT REIT stocks / shares.
5 Questions to ask yourself before purchasing any stocks or shares.
- Is it the best time to buy this stock / share?
- Should I buy INTERRENT REIT stocks / shares in the current economic climate?
- Can I afford to buy this stock / share?
- What is the forecast of the stock / share growth?
- What is the current price per earning ration on the stock / share?