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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 Aug 07, 2024 1:34pm
172 Views
Post# 36167850

Better times ahead !!

Better times ahead !!

Nothing happens quick with this reit....

Patience is the way forward...

The price movement is totally depending on how many units they can sell and how quickly...    ( The wild card is if they sell any more apartment blocks ).  ??? 

- other wild card is obviously how quick interest rates come down in Europe.

this reit should have a much higher share price, but investors do not have patience and they're looking for better news, which I believe will happen in the next 2 quarters !!! 

 - just hurry up and wait and drip the dividend...  

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