ERE.UN European Residential REIT

ERES Declares April 2025 Monthly Distribution

ERES Declares April 2025 Monthly Distribution

TORONTO, April 15, 2025 (GLOBE NEWSWIRE) -- European Residential Real Estate Investment Trust (TSX: ERE.UN, “ERES”) is pleased to announce that the trustees of ERES have declared the April 2025 monthly cash distribution of €0.005 per Unit and Class B LP Unit (the “April 2025 Distribution”), being equivalent to €0.06 per Unit annualized. The distribution will be payable to holders of the Units and Class B LP Units (the “Unitholders”) of record on April 30, 2025, with payment on May 15, 2025.

The Euro-denominated distribution will be paid in Canadian dollars based on the exchange rate on the date of payment (estimated C$0.00783 per Unit and Class B LP Unit). Registered Unitholders will be provided with an option to elect to receive such distribution in Euros rather than Canadian dollars. If no such election is made, registered Unitholders will be paid the distribution in Canadian dollars based on the above exchange rate mechanism. Beneficial Unitholders will not have an option to elect to receive the distribution in Euros. The final cash distribution in respect of March 2025 was C$0.00783 per Unit and Class B LP Unit.

ERES intends to continue to make regular monthly distributions, subject to the discretion of the ERES Board of Trustees. ERES Limited Partnership will make corresponding cash distributions to holders of Class B LP Units.

About ERES

ERES is an unincorporated, open-ended real estate investment trust. ERES’s Units are listed on the TSX under the symbol ERE.UN. ERES is Canada’s only European-focused multi-residential REIT, with a current portfolio of high-quality, multi-residential real estate properties in the Netherlands. As at December 31, 2024, ERES owned 3,009 residential suites, including 311 suites classified as assets held for sale, and ancillary retail space located in the Netherlands, and owned one commercial property in Germany and one commercial property in Belgium, with a total fair value of approximately €838.7 million, including approximately €64.7 million of assets held for sale. For more information about ERES, its business and its investment highlights, please visit our website at and our public disclosure which can be found under our profile on SEDAR+ at .

ERES’s registered and principal business office is located at 11 Church Street, Suite 401, Toronto, Ontario M5E 1W1.

For further information 
  
ERESERES
Mr. Mark Kenney Ms. Jenny Chou
Chief Executive Officer Chief Financial Officer
416.861.9404416.354.0188


EN
15/04/2025

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on European Residential REIT

 PRESS RELEASE

European Residential REIT Reports First Quarter 2025 Results

European Residential REIT Reports First Quarter 2025 Results TORONTO, May 07, 2025 (GLOBE NEWSWIRE) -- European Residential Real Estate Investment Trust ("ERES" or the "REIT") (TSX: ERE.UN) announced today its results for the three months ended March 31, 2025. ERES’s unaudited condensed consolidated interim financial statements and management's discussion and analysis ("MD&A") for the three months ended March 31, 2025 can be found at or under ERES's profile at SEDAR+ at SIGNIFICANT EVENTS AND HIGHLIGHTS Strategic Initiatives Update During the three months ended March 31, 2025, throu...

 PRESS RELEASE

ERES Declares April 2025 Monthly Distribution

ERES Declares April 2025 Monthly Distribution TORONTO, April 15, 2025 (GLOBE NEWSWIRE) -- European Residential Real Estate Investment Trust (TSX: ERE.UN, “ERES”) is pleased to announce that the trustees of ERES have declared the April 2025 monthly cash distribution of €0.005 per Unit and Class B LP Unit (the “April 2025 Distribution”), being equivalent to €0.06 per Unit annualized. The distribution will be payable to holders of the Units and Class B LP Units (the “Unitholders”) of record on April 30, 2025, with payment on May 15, 2025. The Euro-denominated distribution will be paid in Ca...

 PRESS RELEASE

ERES Announces a Further €362 Million in Strategic Dispositions

ERES Announces a Further €362 Million in Strategic Dispositions TORONTO, April 02, 2025 (GLOBE NEWSWIRE) -- European Residential Real Estate Investment Trust (“ERES” or “the REIT”) (TSX:ERE.UN) announced today the following (all amounts disclosed herein exclude transaction costs and other adjustments): A subsidiary of ERES has entered into an agreement (the “Disposition Agreement”) with an affiliate of Fortress Investment Group (the “Fortress Affiliate”) to sell entities owning 1,446 residential suites in the Netherlands for aggregate proceeds, net of an adjustment for deferred taxes a...

 PRESS RELEASE

ERES Announces Timing of First Quarter 2025 Results & Conference Call

ERES Announces Timing of First Quarter 2025 Results & Conference Call TORONTO, March 25, 2025 (GLOBE NEWSWIRE) -- European Residential Real Estate Investment Trust ("ERES") (TSX:ERE.UN) announced today it will issue its financial results for the three months ended March 31, 2025 after markets close on: Wednesday, May 7, 2025 A conference call to discuss the results will be hosted by the ERES senior management team on: Thursday, May 8, 2025 at 9:00 am ET The telephone numbers for the conference call are: Canadian Toll Free: +1 (833) 950-0062 International: +1 (929) 526-1599 Access C...

 PRESS RELEASE

ERES Declares March 2025 Monthly Distribution

ERES Declares March 2025 Monthly Distribution TORONTO, March 17, 2025 (GLOBE NEWSWIRE) -- European Residential Real Estate Investment Trust (TSX: ERE.UN, “ERES”) is pleased to announce that the trustees of ERES have declared the March 2025 monthly cash distribution of €0.005 per Unit and Class B LP Unit (the “March 2025 Distribution”), being equivalent to €0.06 per Unit annualized. The distribution will be payable to holders of the Units and Class B LP Units (the “Unitholders”) of record on March 31, 2025, with payment on April 15, 2025. The Euro-denominated distribution will be paid in ...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch