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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. The Company’s objectives are to maintain strong financial management with a conservative approach to its capital structure, leverage and coverage ratios to provide Unitholders with long-term, stable and growing cash distributions and maintain a focus on maximizing occupancy and responsibly growing occupied AMR in accordance with local conditions in each of its markets. It owns a portfolio of 158 multi-residential properties, comprised of approximately 6,900 suites and ancillary retail space located in the Netherlands, and owns one office property in Germany and one office property in Belgium. Its Commercial properties are located in Belgium and Germany and managed by Maple Knoll. Its commercial properties include Brussels, Belgium and Greater Munich, Germany. Its residential properties include Gelderland, Doorwerth; Groningen, Hoogezand; Limburg, Vaals; Limburg, Venray, and others.


TSX:ERE.UN - Post by User

Comment by DanielDardenon May 14, 2023 11:42am
182 Views
Post# 35447361

RE:Rent Controls

RE:Rent ControlsIt appears that some are hesitant about the regulations imposed by the Dutch gov’t as they have certainly been confusing. Notably, CAP (the property manager) has dealt with this in Canada for 25 years successfully after IPOing @ $10. There is no apparent reason why ERE should not have the same performance going forward while paying a reasonable distribution with a 5% discount in their DRIP.
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