Public market insider buying at European Residential REIT (ERE)

Public market insider buying at European Residential REIT (T:ERE)

Ira Gluskin, a Director, acquired 110,000 Trust Units on an indirect ownership basis for registered holder 584981 Ontario Limited at a price of $4.599 on November 15th, 2021. This represents a $505,901 investment into the company's shares and an account share holdings change of 49.3%.

European Residential REIT, formerly European Commercial REIT, is a Canada-based unincorporated, real estate investment trust. The Trust is focused on aggregating a portfolio of a non-prime core commercial real estate assets in European markets. It is primarily focused on Germany, France and the Benelux region. Its portfolio consists of three properties: Greater Munich Germany property, which is approximately 173,000-square-foot single-tenant office buildings; Brussels Belgium property, which is approximately 167,000-square-foot single-tenant office building, and Dusseldorf Germany property, which is approximately 56,700-square-foot multi-tenant office property.