ERES REIT: ERES Declares February 2025 Monthly Distribution

TORONTO, Feb. 18, 2025 (GLOBE NEWSWIRE) -- European Residential Real Estate Investment Trust (TSX:ERE.UN, "ERES"), "ERES") is pleased to announce that the trustees of ERES have declared the February 2025 monthly cash distribution of €0.005 per Unit and Class B LP Unit (the "February 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 February 28, 2025, with payment on March 17, 2025.The Euro-denominated distribution will be paid in Canadian dollars based on the exchange rate on the date of payment (estimated C$0.00741 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 ...Full story available on Benzinga.com