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Number of nation's REITs to thin further as InterRent moves closer to being acquired, delisted

Investment entity backed by CLV, Singapore's GIC to close on purchase of multifamily trust by early next year
InterRent REIT, owner of 2121 Saint Mathieu in Montreal, is set to be taken over in a friendly buyout by CLV Group and Singapore sovereign wealth fund GIC. (CoStar)
InterRent REIT, owner of 2121 Saint Mathieu in Montreal, is set to be taken over in a friendly buyout by CLV Group and Singapore sovereign wealth fund GIC. (CoStar)
CoStar News
October 3, 2025 | 5:41 P.M.

InterRent Real Estate Investment Trust received approval under the Investment Canada Act to be bought by Carriage Hill Properties Acquisition Corp., a newly formed investment entity backed by Ottawa-based real estate asset manager CLV Group and Singapore sovereign wealth fund GIC, a move that will further thin the number of the nation's publicly traded REITs.

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