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.

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European Residential REIT

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Post by apollojeticon Mar 19, 2022 10:28am

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Post# 34527698

A big move down Friday

All too familiar as it gets momentum after upgrades and a 9% distribution increase. Hopefully we can get above $5.00 at some point this year but interest rates may keep this one at bay for now.

Have to be very patient holding this Reit. Keep in mind that it was trading higher than this two years ago, and it has several dividend increases over that time and aquisitions.

What will be the spark to get this moving? Doesn't get much respect even with the analyst upgrades.

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