Added to YB: 2025-08-20
Pitch date: 2025-08-18
ERE-UN.TO [neutral]
European Residential Real Estate Investment Trust
+15.23%
current return
Author Info
Liquidation stocks is focused on liquidation and wind downs of listed stocks. I cover USA, Canada, UK, Europe, Australia, NZL, Japan, Hong Kong and other countries. 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 64.2M
Pitch Price
CAD 0.96
Price Target
2.95 (+166%)
Dividend
100.00%
EV/EBITDA
N/A
P/E
-0.60
EV/Sales
4.64
Sector
Residential REITs
Category
special_situation
Liquidations Watchlist: European Residential Real Estate Investment Trust
ERE-UN.TO (liquidation watchlist): Dutch REIT selling properties for €52.8M, paying special dividend of €0.90 (CAD $1.44) on Sept 22, equaling 58% of market cap. Q2 NAV CAD $2.95; buying at $2.40 could yield 10%+ return if discounted 10%, or 15-20% if reaching closer to NAV.
Read full article (1 min)