European Residential Real Estate Investment Trust announced that the trustees of ERES have declared the May 2023 monthly cash distribution of 0.01 per Unit and Class B LP Unit (the "May Distribution"), being equivalent to 0.12 per Unit annualized. The distribution will be payable to holders of the Units and Class B LP Units (the "Unitholders") of record on May 31, 2023, with payment on June 15, 2023.