Issue 30 – The REIT
Whether interest rates move higher or lower, this REIT will continue to do well. InterRent REIT (TSX: IIP-U) is the best positioned REIT in Canada to fence off any potential rate increases. The reason for its advantageous positioning is that it’s not a traditional REIT where assets are purchased and a minimal amount of maintenance capex is spent. IIP-U is growth-oriented, with the vision of increasing value through acquisition, development, and the refurbishing of legacy assets. This activity allows IIP-U to grow like no other residential REIT in Canada.