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The latest update is out from European Commercial Real Estate Ltd ( ($TSE:ERE.UN) ).
At a special meeting, ERES announced that its unitholders approved amendments to the REIT’s declaration of trust, with 97.692% voting in favor. This decision reflects strong support from stakeholders and potentially enhances ERES’s operational flexibility and strategic positioning within the European real estate market.
More about European Commercial Real Estate Ltd
European Residential Real Estate Investment Trust (ERES) is an unincorporated, open-ended real estate investment trust listed on the TSX under the symbol ERE.UN. It is Canada’s only European-focused multi-residential REIT, with a portfolio of high-quality residential properties in the Netherlands, as well as commercial properties in Germany and Belgium.
YTD Price Performance: 6.93%
Average Trading Volume: 453,518
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$573.9M
For detailed information about ERE.UN stock, go to TipRanks’ Stock Analysis page.