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

Q2 2022 European Residential REIT Earnings Call Transcript

Aug 04, 2022 / 01:00PM GMT
Release Date Price: C$3.74 (-0.27%)
Operator

Good morning. Thank you for attending today's European Residential Real Estate Investment Trust Second Quarter 2022 Results Conference Call. My name is Francis, and I'll be your moderator today. (Operator Instructions)

I would now like to pass the conference over to our host, Phillip Burns, CEO. Please proceed.

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.

ERES once again grew stronger during the second quarter of 2022. As displayed on Slide 4, our suite count increased by 12% over the past 12 months, including 3

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