European Residential Real Estate Investment Trust (EREUF)
Market Closed
12 Dec, 20:00
OTC PINK OTC PINK Primary $
0. 78
0
0%
$
169.32M Market Cap
- P/E Ratio
0% Div Yield
0 Volume
- Eps
$ 0.78
Previous Close Day Range
0.78 0.78
Year Range
0.73 2.73
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Earnings results expected in 59 days
European Residential: Liquidation Mode Offers 28% Upside
European Residential REIT has liquidated nearly half its portfolio at close to NAV. CAPREIT, controlling 65% of ERES, is steering the REIT towards complete liquidation, with a special meeting set to authorize asset sales and wind-up. With a low debt ratio post-sales, the risk is very low; expect a potential 28% return within 12 months.
Seekingalpha | 1 year ago
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