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 > new 52 week high !!!

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Comment by apollojeticon Jul 15, 2021 11:10am

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Post# 33549291

RE:new 52 week high !!!

Its sweet when the price holds and keeps going up.

Remember they did a new stock issue back in Dec 2019 at $4.65 and traded over $5.00 for a while as well. They have a long way to go but they will get back to those heights, probably in 2022.

Patience is the key here.

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