InterRent Real Estate Investment Trust (TSX:IIP.UN) agreed to acquire a portfolio of five properties in Montreal for CAD 59 million on January 17, 2019. Portfolio consists of The Westmount properties, located at 4560 Sainte-Catherine St W and 2054 Claremont Avenue, The Hampstead properties, 5051 Clanranald Avenue and 5015-5025 Clanranald Avenue and 6950 Fielding Avenue in Notre-Dame-deGrâce. The purchase will be financed through cash and existing Canada Mortgage and Housing Corporation mortgages. Transaction is expected to close in mid February.