Professional
Added to YB: 2026-01-12
Pitch date: 2026-01-02
ERE-UN.TO [neutral]
European Residential Real Estate Investment Trust
+2.61%
current return
Author Info
Nugget Capital Partners is a research analyst specializing in resources w/ focus on energy. Sign up for the newsletter.
Company Info
ERES is an unincorporated, open-ended real estate investment trust. ERES's REIT Units are listed on the TSX under the symbol ERE.
Market Cap
CAD 66.9M
Pitch Price
CAD 1.15
Price Target
N/A
Dividend
100.00%
EV/EBITDA
N/A
P/E
-0.62
EV/Sales
4.69
Sector
Residential REITs
Category
special_situation
REIT book to start the year: European Residential Real Estate Investment Trust
ERE-UN.TO (holding update): Down to 600 suites from portfolio sales, final liquidation expected soon with meaningful special distribution. Doubled since initial pick. Strong Dutch rental market w/ limited supply vs high demand. Concentrated portfolio may fetch premium vs discounted club deals. Risk-reward remains favorable.
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