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Bullboard - Stock Discussion Forum 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... see more

TSX:ERE.UN - Post Discussion

European Residential REIT > Eurozone PMIs plunge; bond yields fall
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Post by EstevanOutsider on Oct 24, 2023 4:42am

Eurozone PMIs plunge; bond yields fall

Fall in activity the worst since 2013 without Covid:
pmi.spglobal.com/Public/Home/PressRelease/8dc7347e38ad43e88d81531f437243aa

G
ood for bond yields. Bad for inflation. Eurozone entering recession. Housing will be safe!
Comment by Shylock40 on Oct 24, 2023 11:59am
Agreed! Backing up the truck w/ ERE, stable monthly 7.75% yield w/ +$1 upside potential, no brainer! Best of Luck to All!
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