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InterRent REIT to be Acquired by CLV Group in Partnership with GIC in $4 Billion All-Cash Transaction

Newswire.ca - Tue May 27, 2025

Transaction Highlights

OTTAWA, ON, May 27, 2025 /CNW/ - InterRent Real Estate Investment Trust ("InterRent" or the "REIT") (TSX: IIP.UN) announced today that it has entered into an arrangement agreement (the "Arrangement Agreement") with Carriage Hill Properties Acquisition Corp. (the "Purchaser"), a newly formed entity owned by CLV Group and GIC, pursuant to which the Purchaser will acquire InterRent in an all-cash transaction valued at approximately $4 billion, including the assumption of net debt (the "Transaction").

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