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Investor Info

Corporate Information

European Commercial REIT is an unincorporated, open-ended real estate investment trust focused on aggregating a bespoke portfolio of high quality, non-prime core commercial real estate assets in key European markets with strong fundamentals. ECREIT’s strategy is designed primarily to deliver long-term, secure income with additional potential for capital appreciation. Consistent with its strategy, ECREIT intends to grow by acquiring additional assets which are expected to be accretive on a per Unit basis. ECREIT’s Units are listed on the TSX-V under the symbol ERE.UN.

  • Initially formed as a Capital Pool Company, ECREIT completed its Qualifying Transaction on January 31, 2017. In this transaction, it acquired a €11.0 million, multi-tenant office property in Düsseldorf, Germany and raised approximately CAD $8.1 million via private placement.
  • ECREIT raised approximately CAD $30.7 million in May 2017 – the net proceeds of which were used to partially finance the acquisition of a property in Landshut, Germany (greater Munich area) for €30.2 million.
  • In connection with the Landshut acquisition and capital raise, ECREIT converted into a real estate investment trust (“REIT”) and consolidated the outstanding common shares on a 31.25 to 1 basis.
  • ECREIT raised approximately CAD $35.0 million in July 2017 – the net proceeds of which were used partially to finance the acquisition of a property in Brussels, Belgium for €40.7 million.

ERE.UN Unit Stock Price

Last updated: Dec 7, 2018, 2:30 PM EST

CAD $3.65

Quick Facts

  • CAD $136 MILLION GROSS
    PROPERTY VALUE
  • CAD $0.35 per Unit annual
    cash dist.
  • 9.59% approx.
    current yield
  • 16.9 million Units
    outstanding

Contact Us

11 Church Street, Suite 401
Toronto, Ontario, Canada
M5E 1W1

Phillip Burns
Chief Executive Officer
phillip.burns@ecreit.com
+1 416 354 0167

Ian Dyke
Chief Financial Officer
ian.dyke@ecreit.com
+1 416 354 0168