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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

Comment by junglejameson Sep 15, 2022 8:53am
174 Views
Post# 34963918

RE:TD

RE:TDThanks for your post(s)  (here, and on many other companies I follow and hold) 

The only negative I see to this REIT is the weakness of the Euro.  The recent dividend increase currently returns about the same in Canadian dollars as before the increase.

That aside, I continue to acquire units monthly via a DRIP as it buys more when everyone else is selling (thereby avoiding one of the "mistakes" of investing - following the herd). 

Cheers, JJ

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