INTERRENT REIT ANNOUNCES JUNE 2026 DISTRIBUTIONS AND DEFERRAL OF 2026 ANNUAL GENERAL MEETING OF UNITHOLDERS

InterRent REIT declared a June 2026 monthly distribution of $0.033075 per unit ($0.3969 annualized), payable July 15, 2026 to unitholders of record June 30, 2026. Simultaneously, the REIT announced it has deferred its 2026 Annual General Meeting of Unitholders with Toronto Stock Exchange approval. The deferral is driven by a pending all-cash acquisition of all outstanding units by Carriage Hill Properties Acquisition Corp., an entity owned by CLV Group and GIC. Upon completion of the transaction, InterRent’s units will be delisted from the TSX, and the REIT will cease to be a reporting issuer, rendering a public AGM unnecessary.

The declaration of a routine distribution carries little standalone weight. The critical information is the confirmation that a full acquisition is actively progressing toward closing. This transforms InterRent from a publicly traded going concern into a take-private target with a defined exit. The market’s focus shifts entirely to the acquisition price, deal certainty, and closing timeline. The distribution serves as a placeholder while the transaction finalizes. For shareholders, the event removes any remaining doubt about the REIT’s near-term independence and locks in their eventual cash exit (subject to deal completion). The stock’s value becomes tethered to the acquisition consideration, typically at a premium to undisturbed price, making this a material, company-redefining event.

InterRent REIT is a Canadian real estate investment trust focused on owning and operating multi-family residential properties. Based on this news, it is in the process of being acquired by a consortium of CLV Group (a property management firm) and GIC (Singapore’s sovereign wealth fund), via Carriage Hill Properties Acquisition Corp. The REIT will become privately held and cease to trade on the TSX.