European Residential Real Estate Investment Trust and Canadian Apartment Properties Real Estate Investment Trust announced the appointment of Ms. Jenny Chou as Chief Financial Officer, replacing Mr. Stephen Co, effective August 11, 2022. Ms. Chou has been with CAPREIT since 2019, and currently holds the position of Vice President, Finance in which capacity she oversees all aspects of CAPREIT's financial reporting, valuation, taxation, treasury and financing, including financial oversight of ERES. She started her career at PricewaterhouseCoopers, where she spent 11 years in the audit and assurance practice focusing on public and large private real estate clients.

She is a Chartered Professional Accountant (CPA, CA) and holds a Master of Business Administration degree from McMaster University. Pursuant to an asset management agreement, CAPREIT provides ERES with, among other things, the services of a Chief Financial Officer.