09:47 AM EST - European Commercial Real Estate Investment Trust : Has completed a prospectus offering of 7,430,500 units of the REIT at a price of $4.50 per Unit as well as a concurrent private placement of 347,500 Units at the Offering Price for aggregate gross proceeds of approximately $35.0 million. The Offering, which will provide the REIT with total gross proceeds of $33.4 million, was underwritten by a syndicate of underwriters led by CIBC Capital Markets. European Commercial Real Estate Investment Trust
units V.ERE.UN are trading up $0.01 at $4.41.
