ERES Enters Into Agreement to Sell 88-Suite Property for €21 Million
Globenewswire·2025-12-25 02:05

TORONTO, Dec. 24, 2025 (GLOBE NEWSWIRE) -- European Residential Real Estate Investment Trust (“ERES” or “the REIT”) (TSX:ERE.UN) announced today that it has entered into an agreement to sell an unencumbered 88-suite property in Schiedam, the Netherlands, for approximately €20.6 million, excluding transaction costs and other customary adjustments (the “Pending Disposition”). Subject to the satisfaction of closing conditions, completion of the Pending Disposition is anticipated in March 2026, with net proceed ...