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.

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European Residential REIT

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Post by pierrelebelon Feb 17, 2022 5:19pm

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Post# 34439797

Distribution Increased by 9%

"On February 17, 2022, the Board of Trustees approved an increase of 9% to the REIT's monthly distribution to €0.01 per Unit (equivalent to €0.120 per Unit annualized), effective for the REIT's next monthly distribution in respect of March 2022. Distributions will continue to be paid to Unitholders of record on each record date, on or about the 15th date of the month following the record date."

For more information, including annual financial statementsL LINK

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A junior copper-gold stock trading at a bargain of monumental proportions