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INTERRENT REIT OBTAINS INVESTMENT CANADA ACT APPROVAL FOR PLAN OF ARRANGEMENT WITH CARRIAGE HILL PROPERTIES ACQUISITION CORP.

Newswire.ca - Tue Sep 30, 2025

OTTAWA, ON, Sept. 30, 2025 /CNW/ - InterRent Real Estate Investment Trust ("InterRent" or the "REIT") (TSX: IIP.UN) today announced receipt of Investment Canada Act approval in connection with the previously announced plan of arrangement (the "Arrangement"), pursuant to which Carriage Hill Properties Acquisition Corp. (the "Purchaser"), a newly formed entity owned by CLV Group and GIC, will acquire all of the units of the REIT (other than certain units of retained interest holders) for $13.55 per outstanding unit of the REIT (each, a "Unit") in cash by way of a statutory plan of arrangement under the provisions of the Business Corporations Act (Ontario).

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