European Residential REIT T.ERE.UN

Buzz on the Bullboards: Volatility persists in the face of economic indicators

[Possibleidiot01]

HOLD European Residential REIT(ERE.UN-T) 30/05/2024   In Netherlands, multi-family and townhomes. Controlled by CAR.UN. Compelling intrinsic value. Went

[Jonathon Brown]

Canada’s main stock index struggled and the NASDAQ hit a high, demonstrating a continued appetite for tech stocks amidst market volatility. read article.

[DanielDarden]

ERE units are down ~8% year to date vs. the XRE down ~6%. Units trade at a ~35% discount to consensus NAV (vs. ~16% historical discount) and a 2025E P/FFO multiple of 8.9x (vs. ~16x historical average

[PressRelease]

TORONTO, May 15, 2024 (GLOBE NEWSWIRE) -- European Residential Real Estate Investment Trust (TSX: ERE.UN, “ERES”) is pleased to announce that the trustees of ERES have declared the May 2024 monthly cash distribution of €0.01 per Unit and Class B LP Unit (the “May Distribution”), being equivalent...read article.

[Panic54321]

Hard to trust analyst... they we're positive last quarter... nothing really changed ( except for an increase in asset sales expected !)  over current value.. not sure how you can

[incomedreamer11]

THE TD COWEN INSIGHT Dutch apartment market fundamentals remain strong with ~10% SPNOI growth in Q1. Management is also accelerating its individual unit sales program into a strong housing market. We

[incomedreamer11]

Downgrading to Sector Perform OUR TAKE: Negative. We are downgrading ERE to SP (from SO) and target reduced to $3.00 (-$0.50). Our NAVPU is reduced to $3.50 (-$0.35

[incomedreamer11]

Our Conclusion ERE reported an in-line quarter as the Netherlands rental market, much like here in Canada, continues to remain tight due to a chronic undersupply of affordable housing. And, also

[EstevanOutsider]

thanks for posting, i added more today. a large position for me now. feeling much better as the fair market writedowns have pretty much come to a halt. as rates go down the leverage ratio should

[Panic54321]

For those super inpatient investors I hope you get rid of all your shares. I will buy them.   ( so sick of these investors / funds that have 0  patience. ).   -- Earnings are

[incomedreamer11]

In Line Q; Operating Metrics Look Good OUR TAKE: Neutral. Reported FFOPU came in at €0.039, in line with Scotia estimate of €0.040, and consensus estimate of €0.040

[ScroogeMcDuck1]

I see a wall of mortages in 25 and 26 at sub 2% rates that will be refinanced in the 4 percent range.  Will the rental increases be able to counter that?

[Panic54321]

 Totally agree...  plus the rental increase will be over 5% in July.   plus unit sales finally seem to be increasing.   40 units already sold after 1st  quarter.   

[ScroogeMcDuck1]

Only concern I see is rates. Ffo down from rates and payout ratio up. Current mortages only 2.7 years at 2.2% and new renewal was 4.7%.

[EstevanOutsider]

extremely good earnings. most notable for me was the end of fair market value declines. the south actually saw a melt up which lowered the debt-asset ratio to 57.3% (covenant had 60% limit). the fact

[Panic54321]

Let's hope there's some progress on sales... ( single unit )  it's seems a very very slow process.   - hoping management gives a lot more colour on this...  Let's hope