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

Q1 2021 European Residential REIT Earnings Call Transcript

May 05, 2021 / 01:00PM GMT
Release Date Price: C$4.26 (-0.93%)
Operator

Good morning, ladies and gentlemen. Welcome to the First Quarter 2021 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, Stephen Co. After I provide an update on our operational progress during the quarter, Stephen will provide an overview of our financial results and position.

This quarter end marks the 2-year anniversary since the inception of the European Residential REIT. For a significant period since ERES' inception, the business environment has been far from usual due to the COVID-19 pandemic. Despite these circumstances in which we and the rest of the world have

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