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European Residential REIT T.ERE.UN

Alternate Symbol(s):  EREUF

European Residential REIT is a Canada-based open-ended real estate investment trust (REIT). The Company owns a portfolio of 157 multi-residential properties, comprised of approximately 6,750 suites and ancillary retail space located in the Netherlands, and owned one commercial property in Germany and one commercial property in Belgium. Its Commercial properties are located in Belgium and Germany and managed by Maple Knoll. Its commercial properties consists of 1 rue Adolphe Lavallee, Brussels, Belgium and E.ON-Allee 1-5 and Kiem-Pauli-Strabe, 2, Landshut, Germany. Its multi-residential portfolio is located across the Netherlands and is asset and property managed by European Residential Management (ERESM B.V.) on behalf of the Company. Its residential property consists of Chopinlaan 1-120; Sterappel 1-27 - 14 apartments; Prins Willem Alexanderplein 9-85 - 37 apartments; Keizershof 24-41 - 18 apartments; De Kameleon - 222 apartments, and Faustdreef 1-179 - 90 apartments.


TSX:ERE.UN - Post by User

Post by pierrelebelon Feb 17, 2022 5:19pm
150 Views
Post# 34439797

Distribution Increased by 9%

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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