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InterRent's Incoming CEO Expects Lack of Housing To Push Up Apartment Rents

Ottawa-Based Residential REIT Also Sees Challenges in Expanding in Markets Like Vancouver
An apartment building in Vancouver that was part of a $292.5 million deal with Crestpoint Real Estate Investments, InterRent REIT's first move into British Columbia's largest city. (CoStar)
An apartment building in Vancouver that was part of a $292.5 million deal with Crestpoint Real Estate Investments, InterRent REIT's first move into British Columbia's largest city. (CoStar)
CoStar News
April 28, 2022 | 4:52 P.M.

The new chief executive of one of Canada's largest apartment real estate investment trusts said there will be more upward pressure on rents across the country because of a lack of housing.

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