European Residential REIT (TSX:ERE.UN)
C$ 2.63 0.18 (7.35%) Market Cap: 241.33 Mil Enterprise Value: 1.70 Bil PE Ratio: 26.34 PB Ratio: 0.34 GF Score: 71/100

Q3 2020 European Residential REIT Earnings Call Transcript

Nov 05, 2020 / 02:00PM GMT
Release Date Price: C$4.15 (+1.22%)
Operator

Good morning, ladies and gentlemen. Welcome to the Third Quarter 2020 Results Conference Call. I would now like to turn the meeting over to Phillip Burns. Please go ahead, Mr. Burns.

Phillip Wesley Burns
European Residential Real Estate Investment Trust - CEO & Trustee

Thank you, operator, and good morning, everyone. Before we begin, let me remind everyone that during our conference call this morning, we may include forward-looking statements about our future financial and operating results. I direct your attention to Slide 2 and our other regulatory filings.

Joining me today is our CFO, Scott Cryer; and VP of Finance, Stephen Co.

After I provide an update on our operational progress during the quarter, Scott will give an overview of our financial results and position. ERES was formed only 1.5 years ago on March 29, 2019. Yet in such a short time, it already is experiencing an unprecedented disruption of global markets. From a strong and stable economy to the challenging downturn onset by the COVID-19 pandemic, ERES has been tested, but

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