/NOT FOR DISSEMINATION IN THE UNITED STATES OR DISTRIBUTION THROUGH UNITED STATES NEWS OR WIRE SERVICES./ Total assets reached $509.7 million, a 39% year-over-year increase Net comprehensive income grew 86.7% on a year-over-year basis Net operating income1 grew 42.6% on a year-over-year basis AFFO1 increased 38.9% year-over-year Occupancy rate rose 250 basis points to 98.2% Internalization… [Read More]
PROREIT Announces Closing of $15.4 Million of Light Industrial Property Acquisitions and Provides Year-End Update
MONTREAL, Dec. 20, 2018 /CNW/ – PRO Real Estate Investment Trust (“PROREIT” or the “REIT”) (TSXV: PRV.UN) is pleased to report that it has closed the previously announced acquisition of two light industrial properties in Southwestern Ontario for a total of $15.38 million. The two industrial properties are strategically located just west of Cambridge, and… [Read More]
PROREIT Announces Two Industrial Property Acquisitions in Southwestern Ontario for $15.38 Million
/NOT FOR DISSEMINATION IN THE UNITED STATES OR DISTRIBUTION THROUGH UNITED STATES NEWS OR WIRE SERVICES/ MONTREÌAL, Dec. 5, 2018 /CNW/ – PRO Real Estate Investment Trust (“PROREIT” or the “REIT”) (TSXV: PRV.UN) is pleased to announce the proposed acquisition of two quality light industrial properties (the “acquisitions”) for an aggregate purchase price of $15.4 million,… [Read More]
PROREIT Reports Third Quarter 2018 Financial and Operating Results Highlighted by Growth in Performance Ratios and a Strong Balance Sheet
$62 million in Acquisitions Closed Subsequent to End of Quarter /NOT FOR DISSEMINATION IN THE UNITED STATES OR DISTRIBUTION THROUGH UNITED STATES NEWS OR WIRE SERVICES./ MONTRÃAL, Nov. 14, 2018 /CNW/ – PRO Real Estate Investment Trust (“PROREIT” or the “REIT”) (TSXV: PRV.UN) is pleased to report financial and operating results for the three-month and… [Read More]
PROREIT completes $40.3 million equity offering including full exercise of over-allotment option
/NOT FOR DISSEMINATION IN THE UNITED STATES OR DISTRIBUTION THROUGH UNITED STATES NEWS OR WIRE SERVICES./ MONTRÃAL, Sept. 28, 2018 /CNW/ – PRO Real Estate Investment Trust (“PROREIT” or the “REIT“) (TSXV: PRV.UN) is pleased to announce the closing of its previously announced offering (the “Offering“) of trust units of the REIT (the “Units“) on… [Read More]
PROREIT announces transformative transactions including $61.7 million of proposed property acquisitions, public offering of $35.0 million of trust units and intention to internalize management and graduate to the TSX
/NOT FOR DISSEMINATION IN THE UNITED STATES OR DISTRIBUTION THROUGH UNITED STATES NEWS OR WIRE SERVICES./ MONTRÃAL, Sept. 11, 2018 /CNW/ – PRO Real Estate Investment Trust (“PROREIT” or the “REIT“) (TSXV: PRV.UN) is pleased to announce transformative transactions including the proposed acquisition of six commercial properties for an aggregate purchase price of $61.7 million,… [Read More]
PROREIT reports solid financial and operating performance for second quarter 2018
The stage is set for future growth /NOT FOR DISSEMINATION IN THE UNITED STATES OR DISTRIBUTION THROUGH UNITED STATES NEWS OR WIRE SERVICES./ MONTREAL, Aug. 15, 2018 /CNW/ – PRO Real Estate Investment Trust (“PROREIT” or the “REIT”) (TSXV: PRV.UN) is pleased to report financial and operating results for the three-months (or “second quarter”) and… [Read More]
PROREIT Completes Compass Commercial Realty Acquisition and $31.7 Million in Property Acquisitions in Winnipeg and Drummondville
/NOT FOR DISSEMINATION IN THE UNITED STATES OR DISTRIBUTION THROUGH UNITED STATES NEWS OR WIRE SERVICES./ MONTREAL, July 3, 2018 /CNW/ – PRO Real Estate Investment Trust (“PROREIT” or the “REIT”) (TSXV: PRV.UN) is pleased to announce that it has successfully closed three previously announced transactions. The purchase of the assets of Compass Commercial Realty… [Read More]
PROREIT Announces Closing of Previously Announced Acquisition
/NOT FOR DISSEMINATION IN THE UNITED STATES OR DISTRIBUTION THROUGH UNITED STATES NEWS OR WIRE SERVICES./ MONTREAL, June 15, 2018 /CNW/ – PRO Real Estate Investment Trust (“PROREIT” or the “REIT“) (TSXV: PRV.UN) is pleased to report that it has closed its previously announced acquisition of the property located at 598 Union Street in Fredericton,… [Read More]
PROREIT Announces $45.1 Million in Property Acquisitions and the Intention to Internalize Property Management Through Strategic Purchase of a Property Management Firm
/NOT FOR DISSEMINATION IN THE UNITED STATES OR DISTRIBUTION THROUGH UNITED STATES NEWS OR WIRE SERVICES./ MONTREAL, June 5, 2018 /CNW/ – PRO Real Estate Investment Trust (“PROREIT” or the “REIT”) (TSXV: PRV.UN) announced today that it has signed binding agreements to acquire twelve commercial properties for an aggregate purchase price of approximately $45.1 million. The… [Read More]
PROREIT records strong first quarter 2018 results
/NOT FOR DISSEMINATION IN THE UNITED STATES OR DISTRIBUTION THROUGH UNITED STATES NEWS OR WIRE SERVICES./ MONTREAL, May 17, 2018 /CNW/ – PRO Real Estate Investment Trust (“PROREIT” or the “REIT”) (TSXV: PRV.UN) is pleased to report financial and operating results for the three-months (or “first quarter”) ended March 31, 2018. PROREIT is reporting strong gains… [Read More]
PROREIT Announces $25 Million Public Offering of Trust Units
/NOT FOR DISSEMINATION IN THE UNITED STATES OR DISTRIBUTION THROUGH UNITED STATES NEWS OR WIRE SERVICES./ MONTRÃAL, Jan. 10, 2018 /CNW/ – PRO Real Estate Investment Trust (“PROREIT” or the “REIT“) (TSXV: PRV.UN) is pleased to announce that it has entered into an agreement to sell to a syndicate of underwriters co-led by Canaccord Genuity… [Read More]
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