InterRent Announces Timing of First Quarter 2021 Results and Conference Call

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

OTTAWA, Ontario–(BUSINESS WIRE)–InterRent Real Estate Investment Trust (TSX-IIP.UN) (“InterRent”) announced today that it will release its 2021 first quarter financial results before the market opens on May 11, 2021. Management will also host a conference call and webcast to speak to these results at 10:00 AM EST on May 11, 2021.

Conference Call:

The telephone numbers for the conference call are 844-539-0205 (toll free) 236-714-3164 (international). No access code required.

Webcast:

The webcast will be accessible at: https://www.interrentreit.com/2021-q1-results.

About InterRent

InterRent REIT 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.

InterRent’s strategy is to expand its portfolio primarily within markets that have exhibited stable market vacancies, sufficient suites available to attain the critical mass necessary to implement an efficient portfolio management structure and, offer opportunities for accretive acquisitions.

InterRent’s primary objectives are to use the proven industry experience of the Trustees, Management and Operational Team to: (i) to grow both funds from operations per Unit and net asset value per Unit through investments in a diversified portfolio of multi-residential properties; (ii) to provide Unitholders with sustainable and growing cash distributions, payable monthly; and (iii) to maintain a conservative payout ratio and balance sheet.

The TSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contacts

Mike McGahan

Chief Executive Officer

Tel: (613) 569-5699 Ext 244

Fax: (613) 569-5698

e-mail: mmcgahan@interrentreit.com

Brad Cutsey, CFA

President

Tel: (613) 569-5699 Ext 226

Fax: (613) 569-5698

e-mail: bcutsey@interrentreit.com

Curt Millar, CPA, CA

Chief Financial Officer

Tel: (613) 569-5699 Ext 233

Fax: (613) 569-5698

e-mail: cmillar@interrentreit.com

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