InterRent REIT announced the conclusion of its 40-day go-shop period without receiving any alternative acquisition proposals.

The period, part of an arrangement agreement with Carriage Hill Properties Acquisition Corp., expired Sunday. Under the agreement, Carriage Hill — a newly formed entity owned by CLV Group and Singapore-based GIC — will acquire InterRent in an all-cash transaction valued at approximately $4 billion, including net debt.

During the go-shop window, financial advisor BMO Capital Markets contacted 85 potential buyers, with nine entering into confidentiality agreements and reviewing non-public information. None submitted an official offer.

With the go-shop period closed, non-solicitation provisions of the agreement now apply, restricting InterRent from engaging with new potential buyers unless a superior unsolicited proposal emerges.

The transaction, structured as a statutory plan of arrangement under Ontario law, remains subject to court, regulatory, and unitholder approval.