On July 12, 2019, InterRent Real Estate Investment Trust (TSX: IIP.UN) acquired La Tour Lafontaine, a residential high-rise located at 1025 Sherbrooke Street East in Montréal, Quebec. The property was purchased for $63 million.

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 this acquisition with a team that included Alain Lalonde, Julie Desrochers and Tamar Chamelian.