ERES Publicizes Appointment of Jenny Chou as Chief Monetary Officer

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TORONTO, Aug. 10, 2022 (GLOBE NEWSWIRE) — European Residential Actual Property Funding Belief (TSX:ERE.UN, “ERES”) and Canadian House Properties Actual Property Funding Belief (TSX: CAR.UN, “CAPREIT”) are happy to announce the appointment of Ms. Jenny Chou as Chief Monetary Officer, changing Mr. Stephen Co, efficient August 11, 2022.

Ms. Chou has been with CAPREIT since 2019, and at present holds the place of Vice President, Finance through which capability she oversees all points of CAPREIT’s monetary reporting, valuation, taxation, treasury and financing, together with monetary oversight of ERES. She began her profession at PricewaterhouseCoopers, the place she spent 11 years within the audit and assurance observe specializing in public and huge non-public actual property purchasers. She is a Chartered Skilled Accountant (CPA, CA) and holds a Grasp of Enterprise Administration diploma from McMaster College.

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Pursuant to an asset administration settlement, CAPREIT gives ERES with, amongst different issues, the companies of a Chief Monetary Officer.

“I need to thank Stephen for his vital contributions to ERES and look ahead to working with Jenny in her new function as Chief Monetary Officer of ERES”, commented Mr. Phillip Burns, Chief Govt Officer.

About ERES

ERES is an unincorporated, open-ended actual property funding belief. ERES’s Models are listed on the TSX beneath the image ERE.UN. ERES is Canada’s solely European-focused, multi-residential REIT, with a present preliminary deal with investing in high-quality, multi-residential actual property properties within the Netherlands. ERES owns a portfolio of 158 multi-residential properties, comprised of 6,901 suites and ancillary retail house positioned within the Netherlands, and owns one workplace property in Germany and one workplace property in Belgium.

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ERES’s registered and principal enterprise workplace is positioned at 11 Church Avenue, Suite 401, Toronto, Ontario M5E 1W1.

For extra data, please go to our web site at www.eresreit.com.

Cautionary Statements Concerning Ahead-Wanting Statements

All statements on this press launch that don’t relate to historic information represent forward-looking statements. These statements characterize ERES’s intentions, plans, expectations and beliefs and are topic to sure dangers and uncertainties that would lead to precise outcomes differing materially from these forward-looking statements. These dangers and uncertainties are extra absolutely described in regulatory filings that may be obtained on SEDAR at www.sedar.com. Accordingly, readers shouldn’t place undue reliance on forward-looking statements.

Besides as particularly required by relevant Canadian securities regulation, ERES doesn’t undertake any obligation to replace or revise publicly any forward-looking statements, whether or not on account of new data, future occasions or in any other case, after the date on which the statements are made or to mirror the prevalence of unanticipated occasions.

For additional data

ERES                                
Mr. Phillip Burns                
Chief Govt Officer                
416.354.0167                        
p.burns@eresreit.com