June 18 (Reuters) - InterRent Real Estate Investment Trust IIP_u.TO :
* INTERRENT REIT ANNOUNCES $175 MILLION EQUITY OFFERING TO FUND PROPERTY ACQUISITIONS IN THE CITY OF MONTREAL
* INTERRENT REAL ESTATE INVESTMENT TRUST - TO PURCHASE 12.5 MILLION TRUST UNITS OF REIT ON A BOUGHT DEAL BASIS AT A PRICE OF $14.00 PER UNIT
* INTERRENT REAL ESTATE INVESTMENT TRUST - NET PROCEEDS FROM OFFERING WILL BE USED TO FUND ACQUISITIONS