Gina Parvaneh Cody, a Director and 10% Holder, acquired 125,000 Trust Units on a direct ownership basis at a price of $4.150 through a prospectus or prospectus exempt offering on September 17th, 2019. This represents a $518,750 investment into the company's shares and an account share holdings change of greater than 100%.
In addition, Mark Kenney, a 10% Holder, acquired 100,000 Trust Units on a direct ownership basis. This represents a $415,000 investment into the company's shares and an account share holdings change of greater than 100%. Michael Stein, a Director and 10% Holder, acquired 80,000 Trust Units on a direct ownership basis. This represents a $332,000 investment into the company's shares and an account share holdings change of greater than 100%. Scott Cryer, a Senior Officer and 10% Holder, acquired 25,000 Trust Units on a direct ownership basis. This represents a $103,750 investment into the company's shares and an account share holdings change of greater than 100%. Corinne Pruzanski, a 10% Holder, acquired 20,000 Trust Units on a direct ownership basis. This represents a $83,000 investment into the company's shares and an account share holdings change of greater than 100%. Patricia MacPherson, a 10% Holder, acquired 3,600 Trust Units on a direct ownership basis. This represents a $14,940 investment into the company's shares and an account share holdings change of greater than 100% while Harold Burke, a Director and 10% Holder, acquired 2,500 Trust Units on a direct ownership and Jodi Lieberman-zbar, another 10% Holder, acquired 1,200 Trust Units on a direct ownership basis.
European Residential REIT is in the Commercial REITs Sub Industry Group under the Financials Sector.
European Residential REIT, formerly European Commercial REIT, is a Canada-based unincorporated, real estate investment trust. The Trust is focused on aggregating a portfolio of a non-prime core commercial real estate assets in European markets. It is primarily focused on Germany, France and the Benelux region. Its portfolio consists of three properties: Greater Munich Germany property, which is approximately 173,000-square-foot single-tenant office buildings; Brussels Belgium property, which is approximately 167,000-square-foot single-tenant office building, and Dusseldorf Germany property, which is approximately 56,700-square-foot multi-tenant office property.
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