European Residential REIT EREUF

Primary Symbol: T.ERE.UN

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 > Cancel the DRIP

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Comment by rustybladeson Nov 09, 2024 11:45am

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Post# 36304664

RE:RE:Cancel the DRIP

Yes the DRIP allows you to accumulate units at a discount. It is dilutive but as you point out, not significantly given the short duration to windup. IMO the main purpose of the DRIP is to provide the REIT with a source of funds (if the units are issued from treasury) by reducing the cash needed to pay the distributions. In my case I'll continue to participate in the registered accounts that are dripped.

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