InterRent pays March distribution
InterRent REIT declared its March 2026 monthly distribution, reaffirming its commitment to steady, recurring payouts for income investors. (tipranks.com) With headline dividend outlooks for broader indexes cooling, monthly REIT payouts like this are being watched as yield signals for portfolios. (seekingalpha.com)
InterRent set the March 2026 cash distribution at C$0.033075 per trust unit, which annualizes to C$0.3969 per unit, with payment scheduled on or about April 15, 2026 to unitholders of record on March 31, 2026. (irent.com) That monthly rate equals the amounts InterRent declared for January and February 2026 — C$0.033075 per unit in each month — indicating no change in the monthly payout pace so far this quarter. (irent.com) In Q4 2025 InterRent reported FFO of C$19.6 million, or C$0.140 per diluted unit for the quarter, and AFFO of C$16.3 million, or C$0.117 per diluted unit, figures the REIT published on March 2, 2026. (irent.com) InterRent’s 2025 annual reporting shows normalized AFFO (NAFFO) per unit of about C$0.539 for the year, which implies the annualized March distribution of C$0.3969 represents roughly 73.6% of 2025 NAFFO (0.3969 ÷ 0.539 ≈ 73.6%), an inference based on the company’s published metrics. (docs.publicnow.com) On liquidity and balance-sheet items, InterRent reported C$225.0 million of available credit facilities with C$87.0 million drawn as at December 31, 2025 and approximately C$20.0 million drawn as of March 2, 2026, and disclosed variable-rate exposure of 14% as of the quarter end. (marketscreener.com) Operationally, InterRent reported a Q4 2025 average monthly rent for the total portfolio of C$1,749, a same-property occupancy of 96.9% in December, and execution of 698 new leases during the quarter — metrics the REIT highlighted alongside its Q4 results. (irent.com) Corporate development noted in the REIT’s disclosures: on May 27, 2025 InterRent entered an arrangement agreement to be acquired by Carriage Hill Properties Acquisition Corp., an entity owned by CLV Group and GIC, in a transaction valued at approximately C$4.0 billion including net debt. (cantechletter.com)