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It says the agreement has already received clearance under the Competition Act and approval by InterRent's unitholders.

In addition to his role at InterRent, which owns residential properties in B.C., Ontario and Quebec, McGahan is the chief executive and controlling shareholder of CLV Group.

Under the agreement, Carriage Hill Properties Acquisition Corp., which is owned by CLV Group and GIC, will pay InterRent unitholders $13.55 per unit in cash.

The transaction is valued at a total of about $4 billion including the assumption of net debt.

This report by ¹ú²úÓÕ»ó¸£Àû was first published Sept. 30, 2025.

Companies in this story: (TSX:IIP.UN)