InterRent announces $53.75 million acquisition in Montréal

14 September 2017

On Sept. 14, 2017, InterRent Real Estate Investment Trust (TSX: IIP.UN) acquired two neighbouring high-rise apartments located at 2121 and 2255 rue Saint Mathieu in Montréal, Quebec. The properties were purchased for $53,753,725.

InterRent is a growth-oriented real estate investment trust engaged in increasing unitholder value and creating a growing and sustainable distribution through the acquisition and ownership of multi-residential properties.

Gowling WLG advised InterRent with respect to these acquisitions with a team that included Alain Lalonde, David Kierans and Tamar Chamelian.

NOT LEGAL ADVICE. Information made available on this website in any form is for information purposes only. It is not, and should not be taken as, legal advice. You should not rely on, or take or fail to take any action based upon this information. Never disregard professional legal advice or delay in seeking legal advice because of something you have read on this website. Gowling WLG professionals will be pleased to discuss resolutions to specific legal concerns you may have.