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 > The cost of money

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Comment by DrSamanthaon Jul 31, 2022 8:24am

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Post# 34862949

RE:RE:The cost of money

BrainNugget wrote: The biggest knock against ERE now is the ongoing decline of the EURO vs dollar, it more than cancels out their tepid growth and accounts for most of the drop in NAV. In spite of all that i still believe it is good value here.

Td has the current nav at $4.10 Euro, even at todays exchange that equals $5.37 Canadian. It appears they are growing top line Rev by 5%

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