On September 24, 2019, European Residential Real Estate Investment Trust (ERES) completed its $167 million public offering by a syndicate of underwriters led by RBC Capital Markets and Scotiabank. The funding will be used to finance previously acquired assets and fund future acquisitions.
ERES is Canada’s only European-focused multi-residential REIT and has a focus on investing in high-quality, multi-residential real estate properties in the Netherlands.
RBC Capital Markets is a global investment bank with a focus on providing services in banking, finance and capital markets to corporations, investors, asset managers and governments.
Osler, Hoskin & Harcourt LLP advised the syndicate of underwriters with a team consisting of Rosalind Hunter, Christopher Murray, Amelia Miao, Jennifer Jeffrey (Corporate), Jack Silverson, David Davachi (Tax) and Patrick Welsh (Environmental).