Thanks in large part to a spate of acquisitions that have grown its rental inventory, InterRent REIT’s revenues jumped more than 10 per cent in the first three months of 2021 compared with a year earlier. In its first-quarter financial filings released Tuesday, the Ottawa-based real estate investment trust said its funds from operations – a key cash-flow metric for REITs – rose nearly 12 per cent compared with the first quarter of 2020 to $16.2 million. The company has boosted the size of its portfolio substantially over the past 12 months, acquiring more than 1,200 suites as its total inventory surpassed 11,400 units. The additional cash flow from those new properties helped bolster InterRent’s balance sheet as the firm’s average rent per suite rose from $1,270 in March 2020 to $1,325 this year.