95.3% of June 2020 rent received to date Monthly cash distribution of $0.0375 per unit declared MONTREAL, June 18, 2020 /CNW Telbec/ – PRO Real Estate Investment Trust (“PROREIT” or the “REIT”) (TSX: PRV.UN) today announced its June 2020 distribution and provided an update on its June rent collections. “We are pleased with our performance throughout… [Read More]

MONTREAL, May 6, 2020 /CNW Telbec/ – PRO Real Estate Investment Trust (“PROREIT” or the “REIT”) (TSX: PRV.UN) will release its 2020 first quarter financial results on Wednesday, May 13, 2020, after markets close. Mr. James W. Beckerleg, President and Chief Executive Officer, and Mr. Gordon G. Lawlor, Executive Vice President, Chief Financial Officer and Secretary,… [Read More]

MONTRÉAL, March 16, 2020 /CNW/ – PRO Real Estate Investment Trust (“PROREIT” or the “REIT”) (TSX: PRV.UN) is pleased to announce the closing of its acquisition of a 100% interest in a 135,494 square-foot light industrial property in Moncton, New Brunswick. The temperature-controlled building was acquired for $8.36 million before closing costs, representing a going-in capitalization… [Read More]

MONTREAL, Feb. 26, 2020 /CNW Telbec/ – PRO Real Estate Investment Trust (“PROREIT” or the “REIT”) (TSX: PRV.UN) will release its 2019 fiscal year and fourth quarter financial results on Wednesday, March 25, 2020, after markets close. Mr. James W. Beckerleg, President and Chief Executive Officer, and Mr. Gordon G. Lawlor, Executive Vice President and CFO, will host… [Read More]

/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]

/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]

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]

/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]

$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]

/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]