You can view 2 more answers this month. Sign up for a free trial for unlimited access.

Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Canadian Apartment Properties Real Estate Investment Trust (CAR.UN $37.58)
- $37.58 P/E (TTM): 29.86X Cap: $5.78B
- View CAR.UN Profile
- View Questions on CAR.UN
European Residential Real Estate Investment Trust (ERE.UN $1.16)
- $1.16 Cap: $272M
- View ERE.UN Profile
- View Questions on ERE.UN

Q: Hello 5i, I am a current unit holder of ERE.UN and would like you to comment on the latest news release as to the current shareowners are being offered.
Are there options for cash or shares of CAR.UN and what are the chances of another
bid for the company.

Asked by Michael on March 04, 2026

5i Research Answer:

CAR has offered $1.19 cash each for ERE units. It is a friendly, only-cash deal, and CAR already owns 11% of the company. Considering this, and the small size of ERE, we would not expect another bidder to show up.

Let us help YOU reach your financial goals today!

Start your FREE trial today and enjoy all the benefits of a 5i Membership including:

Access to a team of experts ready to answer your investments question
Instant access to over 100,000 archived questions
A community of like-minded investors
Peace of mind knowing that 5i Research has only YOUR best interests in mind

First Name *

Last Name *

E-mail *

Password *

I have read and agree to the Terms of Use