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European Residential REIT T.ERE.UN

Alternate Symbol(s):  EREUF

European Residential REIT is a Canada-based open-ended real estate investment trust. The Company’s objectives are to maintain strong financial management with a conservative approach to its capital structure, leverage and coverage ratios to provide Unitholders with long-term, stable and growing cash distributions and maintain a focus on maximizing occupancy and responsibly growing occupied AMR in accordance with local conditions in each of its markets. It owns a portfolio of 158 multi-residential properties, comprised of approximately 6,900 suites and ancillary retail space located in the Netherlands, and owns one office property in Germany and one office property in Belgium. Its Commercial properties are located in Belgium and Germany and managed by Maple Knoll. Its commercial properties include Brussels, Belgium and Greater Munich, Germany. Its residential properties include Gelderland, Doorwerth; Groningen, Hoogezand; Limburg, Vaals; Limburg, Venray, and others.


TSX:ERE.UN - Post by User

Post by Panic54321on Feb 22, 2024 4:56pm
140 Views
Post# 35894389

The market is not buying it !

The market is not buying it !

All of this news and the market is still selling it off.  ( certainly not buying on the news ).

 This stock is only for extremely patient investors.

they have had very positive conference calls for a year now and to know avail the stock price is way down.  

I believe it's worth at least 3.50 no one seems to care whatsoever.

 I personally believe management needs to get a fire up their butt!! 

 With a waste of time on the strategic review and probably money which wasn't disclosed. ( just saying management should've had enough time to figure out how to accelerate the sales and I feel very slow to action.)

  I understand complicated but that's why they make large salaries.

just speaking from the pain of someone that's owned it for a long time. If you have not, you probably don't understand. 

but I say it it's 100% buy, but feel you might need more patience than I have. 

 

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