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Bullboard - Stock Discussion Forum European Residential REIT T.ERE.UN

Alternate Symbol(s):  EREUF

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... see more

TSX:ERE.UN - Post Discussion

European Residential REIT > Another large volume day today !!
View:
Post by Panic54321 on Sep 11, 2024 12:53pm

Another large volume day today !!

Over 300'000 shares traded so far today and still 3 hours of trading to go...

 interesting ... who's buying / who's selling? 

there are so many different catalysts  that could push the stock over three dollars a share...   wait and see ..

Comment by EstevanOutsider on Sep 11, 2024 10:35pm
check costar... there is a report eres made a deal to sell the pf to angelo gordon. doesn't say the price. my guess it is above $4. will try to add more tmrw for sure.
Comment by Panic54321 on Sep 11, 2024 10:58pm
Thanks for the info.... Estevan!! I will have a look. That would be great news..
Comment by EstevanOutsider on Sep 12, 2024 12:05am
link: https://www.costar.com/article/1886199850/eres-agrees-to-sell-circa-E400-million-dutch-residential-portfolio-to-tpg-angelo-gordon-consortium i think eres goes for $4 plus... 
Comment by Panic54321 on Sep 12, 2024 9:41am
Yeah, and here we go...  it sometimes pays to be a patient investor... !  good luck everyone holding this one..
Comment by jaden344 on Sep 12, 2024 9:49am
love this stock, gg everyone
Comment by EstevanOutsider on Sep 12, 2024 10:53pm
i bought a ton moer at 2.85 and a few more lots at 2.92 near eod. layup trade to $4 canadian in my opinion, plus the divy.
Comment by Panic54321 on Sep 12, 2024 11:33pm
Hey !   Hear anymore about the deal?   Any details besides buying circa for €400 million.    I added more today also ..   funny that they don't publicly disclose... maybe they're restricted to say anything publicly until finalized ? Not sure
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