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PROREIT Announces Agreements to Acquire a Group of 5 Industrial, 1 Office and 1 Mixed-use Industrial Properties for an Aggregate Purchase Price of $97.8 Million Concurrent with a $50 Million Bought Deal Public Offering of Trust Units

August 7, 2019 By NewsWire Tagged With: TSX VENTURE:PRV.UN

/NOT FOR DISSEMINATION IN THE UNITED STATES OR DISTRIBUTION THROUGH UNITEDSTATES NEWS OR WIRE SERVICES./ 7 institutional quality assets comprising total GLA of 696,000 square feet Represents PROREIT’s continued growth as a high quality diversified REIT increasing the portfolio to 4.4 million square feet of GLA and $625 million of Gross Book Value1 pro forma… [Read More]

PROREIT Announces Fourth Quarter and Full Year 2018 Results

March 27, 2019 By NewsWire Tagged With: TSX VENTURE:PRV.UN

/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

December 20, 2018 By NewsWire Tagged With: TSX VENTURE:PRV.UN

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

December 5, 2018 By NewsWire Tagged With: TSX VENTURE:PRV.UN

/NOT FOR DISSEMINATION IN THE UNITED STATES OR DISTRIBUTION THROUGH UNITED STATES NEWS OR WIRE SERVICES/ MONTRÉAL, 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

November 14, 2018 By NewsWire Tagged With: TSX VENTURE:PRV.UN

$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./ MONTRÉAL, 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

September 28, 2018 By NewsWire Tagged With: TSX VENTURE:PRV.UN

/NOT FOR DISSEMINATION IN THE UNITED STATES OR DISTRIBUTION THROUGH UNITED STATES NEWS OR WIRE SERVICES./ MONTRÉAL, 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

September 11, 2018 By NewsWire Tagged With: TSX VENTURE:PRV.UN

/NOT FOR DISSEMINATION IN THE UNITED STATES OR DISTRIBUTION THROUGH UNITED STATES NEWS OR WIRE SERVICES./ MONTRÉAL, 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

August 15, 2018 By NewsWire Tagged With: TSX VENTURE:PRV.UN

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

July 3, 2018 By NewsWire Tagged With: TSX VENTURE:PRV.UN

/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

June 15, 2018 By NewsWire Tagged With: TSX VENTURE:PRV.UN

/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

June 5, 2018 By NewsWire Tagged With: TSX VENTURE:PRV.UN

/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

May 17, 2018 By NewsWire Tagged With: TSX VENTURE:PRV.UN

/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]

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