Source: Benzinga

ERES REIT: CORRECTION -- ERES Declares January 2025 Monthly Distribution

TORONTO, Jan. 15, 2025 (GLOBE NEWSWIRE) -- In a release issued under the same headline earlier today by European Residential Real Estate Investment Trust (TSX:ERE, "ERES")), please note that in the second paragraph, the estimated Canadian rate per Unit and Class B LP Unit is C$0.00737, not C$0.01474 as previously stated. The corrected release follows:European Residential Real Estate Investment Trust (TSX:ERE.UN, "ERES"), "ERES") is pleased to announce that the trustees of ERES have declared the January 2025 monthly cash distribution of €0.005 per Unit and Class B LP Unit (the "January 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 January 31, 2025, with payment on February 18, 2025.The Euro-denominated distribution will be paid in Canadian dollars based on the exchange rate on the date of payment (estimated C$0.00737 per Unit and Class B LP Unit). Registered ...

Read full article »
Annual Revenue
$25-100M
Employees
1-25
Mark Kenney's photo - CEO of ERES REIT

CEO

Mark Kenney

CEO Approval Rating

90/100

Read more