Apartment real estate investment trust InterRent has agreed to be bought by a partnership between its executive chair and a Singapore sovereign wealth fund in a $4 billion all-cash deal for the REIT that controls more than 12,000 suites in Canada.
Insiders, Singapore sovereign wealth fund make $4 billion bid to buy InterRent
Ottawa-based apartment REIT's board urges unitholders to approve deal
By Garry Marr
CoStar News
May 28, 2025 | 12:46 AM
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IN THIS ARTICLE
- Properties
- Sabina Terrace
2244 6th Ave, Vancouver, BC
- Companies
- Inter Gestion REIM
Real Estate
- GIC Private Limited
Finance and Insurance
- Bank of Montreal
Finance and Insurance
- National Bank of Canada
Finance and Insurance
- Contacts
- Mike McGahan
President & Chief Executive Officer, CLV Group Inc
- Brad Cutsey
President & Chief Executive Officer, InterRent Real Estate Investment Trust