InterRent Real Estate Investment Trust (IIP-UN) Investor Presentation summary

Investment highlights

• High-quality portfolio in urban, high-growth Canadian markets with attractive valuation and strong fundamentals supporting long-term growth.

• Value creation through property repositioning, leading to industry-leading NAV/unit growth and consistent distribution increases.

• Financial flexibility with a strong balance sheet and clear sustainability goals.

Portfolio overview

• Owns, manages, and develops homes for over 13,000 households across Greater Toronto & Hamilton, Greater Montreal, Ottawa, and Greater Vancouver.

• Portfolio consists of 123 communities and 13,435 suites, serving approximately 20,191 residents as of December 31, 2024.

• NOI distribution: 36% GTHA, 24% Ottawa, 21% Montreal, 4% Vancouver.

Market dynamics

• Core markets benefit from strong population growth, high homeownership costs, and tight rental markets.

• Rent-to-own gap remains significant in all regions, supporting rental demand.

• Resident base is diverse, with a high proportion of post-secondary educated individuals and students.