Mr. Mark Kenney reports

ERES REIT ANNOUNCES TIMING OF YEAR END 2023 RESULTS & CONFERENCE CALL

European Residential Real Estate Investment Trust will issue its financial results for the three months and year ended Dec. 31, 2023, after market close on Wednesday, Feb. 21, 2024.

A conference call to discuss the results will be hosted by Mark Kenney, chief executive officer, and Jenny Chou, chief financial officer, on Thursday, Feb. 22, 2024, at 9 a.m. ET.

The telephone numbers for the conference call are provided herein.

Canadian toll-free:  1-833-950-0062

International:  1-929-526-1599

Access code:  380011

The call will also be webcast live and accessible through the European Residential website. A replay of the webcast will be available for one year after the webcast at the same website.

The slide presentation to accompany management's comments during the conference call will be available on the European Residential website 1-1/2 hours prior to the conference call.

About European Residential Real Estate Investment Trust

European Residential is an unincorporated, open-ended real estate investment trust. European Residential is Canada's only European-focused multiresidential REIT, with a current initial focus on investing in high-quality, multiresidential real estate properties in the Netherlands. As at Sept. 30, 2023, European Residential owns a portfolio of 158 multiresidential properties, comprising approximately 6,900 suites and ancillary retail space located in the Netherlands, and owns one office property in Germany and one office property in Belgium.