US EditionCalifornia Resources Corporation Reports Fourth Quarter and Full-Year 2025 Financial and ...
InterRent REIT reported modest rent and NOI growth but declines in funds from operations due to transaction costs; a $4 billion acquisition by CLV Group and GIC is approved and expected to close in 2026.
- On March 2, 2026, InterRent Real Estate Investment Trust reported its fourth-quarter and full-year 2025 results and confirmed the $4 billion acquisition by Carriage Hill Properties Acquisition Corp. received regulatory and court approvals.
- Higher maintenance capital from two large life-cycle projects and portfolio repositioning lowered normalized cash metrics, while dispositions of eight properties totalling 495 suites generated net proceeds of $113.7 million.
- Quarterly operating metrics indicate the average monthly rent increased 2.8% to $1,749 for December 2025, with 698 new leases in Q4.
- The parties expect the deal to close in the first half of 2026, the Purchaser extended the outside date to May 11, 2026, and InterRent will not host a conference call.
- Kinetic added 28,000 net fiber subscribers in Q4, with fiber passings expanding to 1,900,000 homes, supporting management's guidance of nearly $1 billion in non-recurring revenue by 2028.
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INTERRENT REIT REPORTS FOURTH QUARTER AND FULL YEAR 2025 RESULTS
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ OTTAWA, ON, March 2, 2026 /CNW/ - InterRent Real Estate Investment Trust (TSX:IIP) ("InterRent" or the "REIT") today reported financial results for the fourth quarter and full year 2025 ended December 31, 2025. Q4 2025 Highlights: Achieved 2.8% year-over-year ("YoY") growth in average monthly rent ("AMR") to $1,749 for the total portfolio, and 2…
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