European Residential Real Estate Investment Trust (ERE-UN.TO)
European Residential Real Estate Investment Trust operates in the REIT - Residential industry of the Real Estate sector, headquartered in Toronto, ON, CA. The stock last traded at $1.19, up 0.85% on the session, giving a market capitalisation of $110.8M. Its beta of 1.01 implies it has historically moved more than the broad market.
European Residential Real Estate Investment Trust (ERES) operates as an open-ended, non-corporate real estate investment trust. Its units are listed for trading on the Toronto Stock Exchange (TSX) under the symbol ERE.UN. ERES stands out as Canada's sole REIT focused exclusively on European multi-residential assets, with its initial strategy concentrating on acquiring premium multi-family properties in the Netherlands. The trust's current holdings comprise 137 residential properties within the Netherlands, encompassing 5,865 apartment units and accompanying retail space. Additionally, ERES possesses one office building in Germany and another in Belgium. Its registered and principal business operations are conducted from 11 Church Street, Suite 401, Toronto, Ontario M5E 1W1.
European Residential Real Estate Investment Trust is most often compared with the following Real Estate names: