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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 retiredcfon Jul 20, 2022 10:03am
148 Views
Post# 34836773

Scotia Capital

Scotia CapitalA much more reasonable target. GLTA

Scotia Capital’s Himanshu Gupta cut his targets for a trio of TSX-listed foreign residential REITs. His changes are: European Residential REIT ( “sector outperform”) to $5.25 from $6, BSR REIT ( “sector outperform”) to US$22 from US$23.50 and Flagship Communities REIT ( “sector outperform”) to US$23 from US$25.50. The averages on the Street are $5.41, US$22.85 and US$23.43, respectively.
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