InterRent REIT Reports Strong Q4 Growth - TipRanks.com

Interrent Reit Un (TSE:IIP.UN) has released an update.

InterRent REIT demonstrated a robust financial performance in Q4 2023, with significant improvements in occupancy rates and average monthly rent growth, leading to a 10.5% year-over-year increase in same-property net operating income. The company also reported a solid increase in funds from operations by 11.2% and adjusted funds from operations by 13.1%. Additionally, strategic property sales and debt management have positioned the company for continued growth.

For further insights into TSE:IIP.UN stock, check out TipRanks’ Stock Analysis page.