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ERES Sells 88-Suite Dutch Property for €20.6 Million as It Advances Portfolio Sell-Down Strategy

Story Highlights
  • ERES agreed to sell an 88-suite Schiedam property for about €20.6 million.
  • The sale advances ERES’s strategy to streamline its Dutch portfolio for a potential en-bloc deal.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
ERES Sells 88-Suite Dutch Property for €20.6 Million as It Advances Portfolio Sell-Down Strategy

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European Residential Real Estate ate Investment Trust ( ($TSE:ERE.UN) ) just unveiled an update.

European Residential Real Estate Investment Trust has agreed to sell an unencumbered 88-suite residential property in Schiedam, the Netherlands, for approximately €20.6 million, with closing targeted for March 2026 and proceeds earmarked for general trust purposes. The disposal forms part of a broader strategy of selective asset sales designed to position the remaining Dutch portfolio—including roughly 600 suites still to be sold after completion of four announced single-property transactions—for a potential final en-bloc sale, signalling continued portfolio rationalisation and potential exit optionality for unitholders.

The most recent analyst rating on ($TSE:ERE.UN) stock is a Hold with a C$1.00 price target. To see the full list of analyst forecasts on European Residential Real Estate ate Investment Trust stock, see the TSE:ERE.UN Stock Forecast page.

Spark’s Take on TSE:ERE.UN Stock

According to Spark, TipRanks’ AI Analyst, TSE:ERE.UN is a Neutral.

The overall stock score reflects significant financial challenges, with declining revenue and profitability, high leverage, and weak cash flow. Positive technical indicators and strategic debt reduction provide some support, but risks remain high. The high dividend yield may appeal to some investors, but caution is advised due to underlying financial issues.

To see Spark’s full report on TSE:ERE.UN stock, click here.

More about European Residential Real Estate ate Investment Trust

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 and is Canada’s only European-focused multi-residential REIT. The trust owns a portfolio of high-quality multi-residential properties and ancillary retail space in the Netherlands, comprising 1,033 residential suites with a total fair value of approximately €311.7 million as of September 30, 2025.

Average Trading Volume: 257,948

Technical Sentiment Signal: Strong Buy

Current Market Cap: C$260.3M

Learn more about ERE.UN stock on TipRanks’ Stock Analysis page.

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