TSX:ERE.UN - Post by User
Post by
junglejameson Sep 19, 2024 8:25am
234 Views
Post# 36230579
NAV post transaction
NAV post transactionThe transaction is expected to close sometime in Q1/25. Using the information in the press release I've calculated the NAV before and after. The NAV may increase if interests rates in the Netherlands fall before the final settlement date.
| Transaction | Before | After |
| Portfolio- IFRS fair value - billions of Euros | € 1.66 | € 0.83 |
| Mortgage Debt | € 0.88 | € 0.30 |
| Revolving Credit | € 0.08 | € 0.00 |
| | | |
| Net Assets - billions of Euros | € 0.70 | € 0.53 |
| Number of Units | 234,330,000 | 234,330,000 |
| | | |
| Net Asset Value in Euros | € 2.99 | € 2.26 |
| 1 Euro = Canadian on Sept 18 | $1.50 | $1.50 |
| | | |
| NAV in Candian Dollars | $4.48 | $3.39 |
| Difference | $1.09 | |