OTTAWA, ON, July 9, 2026 /CNW/ - InterRent Real Estate Investment Trust (TSX: IIP.UN) ("InterRent" or the "REIT") is pleased to announce the closing of its previously announced plan of arrangement (the "Arrangement"). Pursuant to the Arrangement, Carriage Hill Properties Acquisition Corp. (the "Purchaser"), a newly formed entity, acquired all of the issued and outstanding units of the REIT, other than certain units held by retained interest holders, for cash consideration of $13.55 per unit. Following the completion of the Arrangement, the REIT's property portfolio is now managed by CLV Group Inc. as property manager and CLV Asset Management Inc. as asset manager. The Arrangement was completed by way of a statutory plan of arrangement under the provisions of the Business Corporations Act (Ontario).
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INTERRENT REIT ANNOUNCES CLOSING OF ARRANGEMENT WITH CARRIAGE HILL PROPERTIES ACQUISITION CORP.
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