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 > Drip

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Comment by junglejameson Sep 28, 2022 10:34am

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Post# 34992076

RE:RE:RE:Drip

My DRIP shares finally posted today. Still waiting for an explanation from the "back office".

I guess management feels no inclination to buy back shares as CAR.UN holds a controlling interest and therefore a low-ball bid for the assets is out of the question. So far the 5% discount for the DRIP continues into October. I'm happy to get the "cheap" equity but this is foolish from a corporate perspective.

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