Attention InterRent unitholders:
You have an opportunity to receive an all-cash offer of $13.55 per unit
This opportunity is based on a comprehensive assessment of various alternatives available to the REIT and represents a:
premium to the price prior to media speculation about the REIT1
premium to the 90-day VWAP2
- Premium to the closing price of InterRent units of $10.03 on the TSX on March 7, 2025, the last trading day prior to media speculation regarding InterRent.
- Premium to InterRent units’ 90-day volume-weighted average price on the TSX as of May 26, 2025, the last trading day prior to the announcement of the arrangement.
How to vote
Unitholders are recommended to vote FOR the arrangement resolution before August 21, 2025 to receive this compelling offer.
The Circular includes specific details on how to vote, depending on whether you are a beneficial unitholder (also known as a non-registered unitholder) or a registered unitholder:
You are a registered unitholder if you hold a paper unit certificate(s) or a DRS Advice or Statement and your name appears directly on the unit certificate(s) or DRS Advice or Statement. As a registered unitholder, you are identified on the unit registers maintained by TSX Trust Company, as being a unitholder.
If you are a registered unitholder, you will receive a form of proxy (like this sample) which will contain all the information to cast your vote in advance of the Meeting, and/or to appoint another individual to vote for you at the Meeting.
Please refer to the Circular for additional details.
You are a beneficial unitholder if your units are held in an account, such as a bank, broker or trust company. As a beneficial unitholder, you do not have a unit certificate registered in your name, as the units are held by an intermediary for you within your account with that intermediary.
If you are a beneficial or non-registered unitholder, you will receive a Voting Instruction Form that may look like this sample.
Please refer to the Circular for additional details.
The Circular outlines specific voting instructions for each type of unitholder.
If you have any questions or require assistance with voting, please contact our strategic unitholder advisor and proxy solicitation agent.
If you are a unitholder and have not received Meeting Materials:
Please contact our strategic unitholder advisor and proxy solicitation agent:
