European Residential REIT T.ERE.UN

Strategic review outcome …

[Panic54321]

Well, speaking from the point of view, long-term shareholder,.

what was management thinking to waste all this time and money on a strategic review??   in my opinion complete waste of time and money..  ( should not management have understood the current financial conditions aren't optimal for a sale of the reit ) 

wouldn't the money be better allocated to pay down debt or buy back  shares.

 The fundamentals,are Rock solid..

just disappointed in management seems to be a little all over the map on what to do with this reit.  ( one day, selling individual units, the next, trying to sell all our parts of the reit )  neither strategies seem to work whatsoever.

  ( maybe just run it like a reit and stop playing around wasting money )

[Meesha1]

I mostly agree. Although maybe the strategic review's true purpose was to confirm to the shareholders that there are no external bids sufficiently close to NAV, so that CAP REIT will be able to absorb the minority interest in ERES at a bigger discount and with less pushback from us.

[DanielDarden]

You seem to be forgetting that the decision for the review was announced in June. Much has changed since then including a new coalition gov’t. Board decisions are made without a crystal glass but rather with the facts at hand at the time. Hindsight is always crystal clear! With the review done now, I suspect that we will get more clarity going forward, however, probably not until the gov’t

[Panic54321]

 Sometimes when Management ( that's paid extremely well for there expertise and years of experience) I do not give them the ( it's all ok card ) need to really hold the feet to the fire.    As shareholders we are to easy with mg. Wasting are money.  ( Not giving them a pass on this one)  Get paid enough to do better!! Still love the storyline ( real estate