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

European Residential REIT > ERE.UN buys 2 more properties !!

<< Previous

Bullboard Posts

Next >>

Comment by apollojeticon Jun 27, 2021 11:05am

109 Views

Post# 33457440

RE:ERE.UN buys 2 more properties !!

That's great to see.

They need to kickstart the share price which is lagging badly. I expected ERE.UN to be at least $6.00 plus by now.

The rent control talk in the netherlands has muted any price increase so they need to buy more properties to make up for the possible slowdown in rent increases.

Also still opportunity to get properties from CAPREIT to add value.

Still a very high quality reit with tremendous growth potential for the very patient investor.

<< Previous

Bullboard Posts

Next >>

Fortune Minerals receives funding for NICO project development