Unanimous Backing: Leading Proxy Advisors ISS and Glass Lewis Endorse InterRent REIT's Board of Trustees, Rejecting Shareholder Proposals

In a significant show of confidence, both Institutional Shareholder Services Inc. (ISS) and Glass Lewis & Co., the preeminent independent proxy advisory firms, have unequivocally recommended that InterRent REIT unitholders vote FOR the re-election of all proposed Board of Trustee nominees. Simultaneously, these influential advisors have urged unitholders to vote AGAINST all shareholder proposals put forth by Vision Capital Corporation at the upcoming Annual General Meeting of Unitholders (AGM).This dual endorsement from the industry's most respected voices underscores the robust performance, strategic clarity, and sound governance principles that define InterRent REIT.Their recommendations provide clear guidance, affirming the current Board's dedication to enhancing unitholder value and maintaining the REIT's strong trajectory in the competitive real estate market.InterRent REIT has consistently demonstrated exceptional financial performance, a testament to the effectiveness of its current leadership.The REIT boasts an impressive Total Unitholder Return (TUR), reflecting significant gains for its investors.

Furthermore, a steady increase in Net Asset Value (NAV) per unit and consistent growth in Funds From Operations (FFO) per unit highlight the operational excellence and prudent capital allocation strategies championed by the Board.These metrics, widely recognized as key indicators of a REIT's health and future potential, have been critical in securing the full support of ISS and Glass Lewis.The Board of Trustees at InterRent REIT comprises a diverse group of highly experienced and independent professionals deeply committed to upholding the highest standards of corporate governance.Their strategic oversight has been instrumental in navigating market complexities, identifying growth opportunities, and delivering sustainable returns.

The recommendations from ISS and Glass Lewis reinforce the view that the current Board's composition and strategic vision are optimally aligned with the long-term interests of all unitholders, ensuring continued stability and prosperity.Both advisory firms carefully reviewed the shareholder proposals from Vision Capital Corporation and concluded that they lacked sufficient merit or compelling arguments to warrant unitholder support.Their analysis indicated that adopting these proposals could potentially disrupt the REIT's proven strategy and undermine the consistent value creation achieved under the current management.

As such, unitholders are strongly encouraged to follow these independent recommendations and vote against any dissident proposals.InterRent REIT urges all unitholders to cast their vote using the WHITE proxy card or voting instruction form provided by management.Your vote is crucial in ensuring the continued stability and success of your investment.

Detailed instructions on how to vote are available in the proxy materials, which can be accessed on InterRent's website or SEDAR. Please submit your vote well in advance of the proxy deadline to ensure it is counted.The management and Board of Trustees of InterRent REIT remain steadfast in their commitment to maximizing unitholder value through strategic acquisitions, operational efficiencies, and prudent financial management.With the backing of ISS and Glass Lewis, InterRent REIT is well-positioned for sustained growth and continued leadership in the multifamily residential sector...