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The latest update is out from European Residential Real Estate ate Investment Trust ( ($TSE:ERE.UN) ).
European Residential Real Estate Investment Trust (ERES) has announced a monthly cash distribution for February 2025 of €0.005 per Unit and Class B LP Unit, amounting to €0.06 annually. This distribution will be paid in Canadian dollars or Euros, depending on the unitholder’s election, reflecting ERES’s ongoing commitment to regular monthly distributions. This announcement underscores ERES’s stable distribution strategy and highlights its unique market position as a European-focused REIT in Canada, providing stakeholders with consistent returns.
More about European Residential Real Estate ate Investment Trust
European Residential Real Estate Investment Trust (ERES) is an unincorporated, open-ended real estate investment trust listed on the TSX under the symbol ERE.UN. It is Canada’s only REIT focused on European multi-residential properties, with a portfolio primarily in the Netherlands, including residential suites and some commercial properties in Germany and Belgium.
YTD Price Performance: 7.69%
Average Trading Volume: 457,756
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: C$576.4M
For detailed information about ERE.UN stock, go to TipRanks’ Stock Analysis page.