Added to YB: 2025-12-12
Pitch date: 2025-10-19
ERE-UN.TO [bullish]
European Residential Real Estate Investment Trust
+3.74%
current return
Author Info
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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 1.07
Price Target
1.78 (+60%)
Dividend
100.00%
EV/EBITDA
N/A
P/E
-0.60
EV/Sales
4.64
Sector
Residential REITs
Category
special_situation
Show full summary:
European Residential Real Estate Investment Trust - $ERE-UN.TO
ERE-UN.TO: Dutch residential REIT liquidation play at 35-45% NAV discount. €350-380M assets, €110M debt, C$1.56-1.78 NAV vs C$1.07 price. Recent sales at/above IFRS values prove NAV integrity. 12-18mo wind-down timeline, 45-65% upside via asset sales & distributions.
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