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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 Panic54321on Feb 22, 2024 4:56pm
180 Views
Post# 35894389

The market is not buying it !

The market is not buying it !

All of this news and the market is still selling it off.  ( certainly not buying on the news ).

 This stock is only for extremely patient investors.

they have had very positive conference calls for a year now and to know avail the stock price is way down.  

I believe it's worth at least 3.50 no one seems to care whatsoever.

 I personally believe management needs to get a fire up their butt!! 

 With a waste of time on the strategic review and probably money which wasn't disclosed. ( just saying management should've had enough time to figure out how to accelerate the sales and I feel very slow to action.)

  I understand complicated but that's why they make large salaries.

just speaking from the pain of someone that's owned it for a long time. If you have not, you probably don't understand. 

but I say it it's 100% buy, but feel you might need more patience than I have. 

 

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