European Residential REIT T.ERE.UN

Buzz on the Bullboards: Tangible growth stocks

[Trevor Abes]

This week, Canada’s main stock index, the TSX, hit a record high thanks to gains in technology and bank stocks. read article.

[HermannHaller]

Ignoring taxes (and mkt conditions), it should drop by the exact amount of the distribution on the ex date. But I suspect some taxable holders will buy back in after selling, so might not drop quite

[Panic54321]

Thanks that's what I thought ..  ( roughly ) my shares are both in RRSP account and TFSA account.     Was basically just trying to decide if I take some off the table now..

[DanielDarden]

Not a dumb question as many factors are involved. Firstly, anybody in a taxable account will likely consider taxes. Secondly, CAR (65% holder) has not indicated what its’ tax situation is for ‘24

[Panic54321]

Since the ex dividend date will be December 23...  is it likely the share price will basically drop by the dollar 10 dividend the next day or so?      I know other stocks that

[PressRelease]

TORONTO, Nov. 22, 2024 (GLOBE NEWSWIRE) -- European Residential Real Estate Investment Trust (“ERES” or “the REIT”) (TSX:ERE.UN) announced today an update on the expected closing of its previously disclosed strategic dispositions, and timing of its anticipated special distribution and...read article.

[PressRelease]

TORONTO, Nov. 15, 2024 (GLOBE NEWSWIRE) -- European Residential Real Estate Investment Trust (TSX: ERE.UN, “ERES”) is pleased to announce that the trustees of ERES have declared the November 2024 monthly cash distribution of €0.01 per Unit and Class B LP Unit (the “November Distribution”), being...read article.

[junglejames]

   "In addition, approval has been received from the Dutch competition authority (ACM) for the 2,947-suite disposition, which is expected to close by no later than early first quarter

[EstevanOutsider]

European Residential REIT  (ERE.UN-TSX)  Real Estate | Residential 3Q24 Results: Asset Sales may Come Fast & Furious Once Unitholder Approval is Received

[incomedreamer11]

THE TD COWEN INSIGHT With the Board's decision to seek unitholder approval to sell its remaining assets and wind up the REIT (link), we believe the key metric for investors to focus on is NAV

[EstevanOutsider]

Analyst NAV estimates are wrong. European REITs reported selling Q3 up to 24% above their own NAV of Dutch properties. Kenney confirmed earlier this year they were selling their worst properties '

[rustyblades]

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

[DanielDarden]

The purpose of the DRIP was to allow holders to accumulate more units at a discount without having to spend money on commissions. Regardless of your situation that is a sound purpose and should

[Castortroy2020]

Same here.. I am one of those who bought it around mid $4

[BearBullBrian]

Many of us are so far underwater, we'll be hard-pressed to break even. I think they would have got better prices for the assets in another year. However, I'll happily take what I get and move

[rustyblades]

Not quite, The current price of 3.64 includes the special distribution of about 1.13 so there's still a gap to close on the balance of the portfolio.