<div>ERES REIT Announces Timing of First Quarter 2023 Results & Conference Call</div>

ERES REIT Announces Timing of First Quarter 2023 Results & Conference Call

TORONTO, March 23, 2023 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (“ERES”) (TSX:ERE.UN) announced today it will issue its financial results for the three months ended March 31, 2023 after markets close on:

Wednesday, May 10, 2023

A conference call to discuss the results will be hosted by Phillip Burns, Chief Executive Officer and Jenny Chou, Chief Financial Officer on:

Thursday, May 11, 2023 at 9:00 am ET

The telephone numbers for the conference call are:

Canadian Toll Free: (833) 950-0062
International: + 1 (929) 526-1599
Access Code: 119808

The call will also be webcast live and accessible through the ERES website at www.eresreit.com – click on “Investor Info” and follow the link at the top of the page. A replay of the webcast will be available for 1 year after the webcast at the same link.

The slide presentation to accompany management’s comments during the conference call will be available on the ERES website an hour and a half prior to the conference call.

For more information about ERES, its business and its investment highlights, please refer to our website at www.eresreit.com and our public disclosure at www.sedar.com.

ABOUT ERES
ERES is an unincorporated, open-ended real estate investment trust. ERES’s Units are listed on the TSX under the symbol ERE.UN. ERES is Canada’s only European-focused multi-residential REIT, with a current initial focus on investing in high-quality multi-residential real estate properties in the Netherlands. ERES owns a portfolio of 158 multi-residential properties, comprised of 6,900 suites and ancillary retail space located in the Netherlands, and owns one office property in Germany and one office property in Belgium.

For more information, please contact:

ERES ERES
Mr. Phillip Burns  Ms. Jenny Chou
Chief Executive Officer  Chief Financial Officer
(416) 354-0167 (416) 354-0188

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