Mr. Mike McGahan reports

INTERRENT ANNOUNCES SEPTEMBER 2017 DISTRIBUTIONS

InterRent Real Estate Investment Trust has declared a distribution for the month of September, 2017, of 2.025 cents per trust unit, equal to 24.3 cents per trust unit on an annualized basis. Payment will be made on or about Oct. 16, 2017, to unitholders of record on Sept. 30, 2017.

About InterRent Real Estate Investment Trust

InterRent REIT is a growth-oriented real estate investment trust engaged in increasing unitholder value and creating a growing and sustainable distribution through the acquisition and ownership of multiresidential properties.

InterRent's strategy is to expand its portfolio primarily within markets that have exhibited stable market vacancies, sufficient suites available to attain the critical mass necessary to implement an efficient portfolio management structure and offer opportunities for accretive acquisitions.

InterRent's primary objective is to use the proven industry experience of the trustees, management and operational team to: (i) provide unitholders with stable and growing cash distributions from investments in a diversified portfolio of multiresidential properties; (ii) enhance the value of the assets and maximize long-term unit value through the active management of such assets; and (iii) expand the asset base and increase distributable income through accretive acquisitions.