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Number of Canadian REITs continues to thin as InterRent moves step closer to being acquired, delisted

Investment entity backed by CLV, Singapore's GIC set to close on purchase of multifamily REIT 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 has received the green light under the Investment Canada Act for it to be acquired 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.

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