Capital Markets

The syndicate of underwriters in European Residential REIT’s $167 million offering

RBC Capital Markets
Key Contact
Rosalind Hunter

Partner, Corporate, Toronto

Team
Christopher Murray

Partner, Corporate, Toronto

Amelia Miao

Partner, Corporate, Toronto

Jennifer Jeffrey

Associate, Corporate, Toronto

Jack Silverson

Partner, Tax, Toronto

David Davachi

Partner, Tax, Toronto

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).

Value
$167 million
Date Closed
September 24, 2019
Lead Office
Toronto
Key Contact
Rosalind Hunter

Partner, Corporate, Toronto

Team
Christopher Murray

Partner, Corporate, Toronto

Amelia Miao

Partner, Corporate, Toronto

Jennifer Jeffrey

Associate, Corporate, Toronto

Jack Silverson

Partner, Tax, Toronto

David Davachi

Partner, Tax, Toronto