/NOT FOR DISSEMINATION IN THE UNITED STATES OR DISTRIBUTION THROUGH UNITED STATES NEWS OR WIRE SERVICES/ MONTRÃAL, Nov. 19, 2019 /CNW Telbec/ – PRO Real Estate Investment Trust (“PROREIT” or the “REIT“) (TSX: PRV.UN) announced today that a cash distribution of $0.0525 per trust unit of the REIT (“Units“) for the month of November 2019 will… [Read More]
PROREIT reports robust third quarter 2019 results
45.5% year-over-year increase in total assets from Q3 2018 29.7% year-over-year increase in property revenue from Q3 2018 28.3% year-over-year increase in net operating income1 from Q3 2018 45.6% year-over-year increase in net cash flows provided from operating activities from Q3 2018 38.8% year-over-year increase in AFFO1 from Q3 2018 91% of leases maturing in… [Read More]
PROREIT Announces Date for Release of Third Quarter 2019 Results and Conference Call
MONTREAL, Oct. 31, 2019 /CNW Telbec/ – PRO Real Estate Investment Trust (“PROREIT” or the “REIT”) (TSX: PRV.UN) will release its 2019 third quarter financial results on Wednesday, November 13, 2019, after markets close. Mr. James W. Beckerleg, President and Chief Executive Officer, and Mr. Gordon G. Lawlor, Executive Vice President and CFO, will host a conference… [Read More]
PROREIT Announces October 2019 Distribution
/NOT FOR DISSEMINATION IN THE UNITED STATES OR DISTRIBUTION THROUGH UNITED STATES NEWS OR WIRE SERVICES./ MONTRÃAL, Oct. 22, 2019 /CNW Telbec/ – PRO Real Estate Investment Trust (“PROREIT” or the “REIT“) (TSX: PRV.UN) announced today that a cash distribution of $0.0525 per trust unit of the REIT (“Units“) for the month of October 2019 will… [Read More]
PROREIT completes acquisition of mixed-used industrial property in Ottawa region for $48.5 million
MONTRÃAL, Sept. 27, 2019 /CNW Telbec/ – PRO Real Estate Investment Trust (TSX: PRV.UN) (“PROREIT” or the “REIT”) is pleased to announce the closing of its previously announced 100% interest acquisition in a mixed-used industrial property in Kanata, Ontario, for $48.5 million before closing costs, representing a going-in capitalization rate of 6.60%. The property adds… [Read More]
PROREIT announces September 2019 distribution and renewal of normal course issuer bid
/NOT FOR DISSEMINATION IN THE UNITED STATES OR DISTRIBUTION THROUGH UNITED STATES NEWS OR WIRE SERVICES./ MONTRÃAL, Sept. 19, 2019 /CNW Telbec/ – PRO Real Estate Investment Trust (“PROREIT” or the “REIT“) (TSX: PRV.UN) announced today that a cash distribution of $0.0525 per trust unit of the REIT (“Units“) for the month of September 2019 will… [Read More]
PROREIT Announces Closing of Five Industrial Buildings and Boutique Office Tower for $49.3 Million
MONTRÃAL, Sept. 17, 2019 /CNW Telbec/ – PRO Real Estate Investment Trust (TSX: PRV.UN) (“PROREIT” or the “REIT”) is pleased to report that it has closed its previously announced 100% interest acquisitions of five light industrial buildings in Halifax, Nova Scotia, and a boutique office tower in Ottawa, Ontario. The six properties, acquired from two separate vendors… [Read More]
PROREIT Announces August 2019 Distribution
/NOT FOR DISSEMINATION IN THE UNITED STATES OR DISTRIBUTION THROUGH UNITED STATES NEWS OR WIRE SERVICES./ MONTRÃAL, Aug. 21, 2019 /CNW Telbec/ – PRO Real Estate Investment Trust (“PROREIT” or the “REIT“) (TSX: PRV.UN) announced today that a cash distribution of $0.0525 per trust unit of the REIT (“Units“) for the month of August 2019 will… [Read More]
PROREIT completes $57.6 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, Aug. 16, 2019 /CNW Telbec/ – PRO Real Estate Investment Trust (“PROREIT” or the “REIT“) (TSX: PRV.UN) is pleased to announce the closing of its previously announced public offering of trust units of the REIT (the “Units“) on a bought… [Read More]
PROREIT Reports Strong Second Quarter 2019 Results
/NOT FOR DISSEMINATION IN THE UNITED STATES OR DISTRIBUTION THROUGH UNITED STATES NEWS OR WIRE SERVICES./ 49.4% year-over-year increase in property revenue from Q2 2018 7.4% year-over-year increase in same property NOI1 from Q2 2018 Successful renewal of over 82% of leases maturing in 2019 Agreements to acquire seven properties for $97.8 million and $50 million… [Read More]
PROREIT Announces Date for Release of Second Quarter 2019 Results and Conference Call
MONTREAL, July 31, 2019 /CNW Telbec/ – PRO Real Estate Investment Trust (“PROREIT” or the “REIT”) (TSX: PRV.UN) will release its 2019 second quarter financial results on Tuesday, August 13, 2019, after markets close. Mr. James W. Beckerleg, President and Chief Executive Officer, and Mr. Gordon G. Lawlor, Executive Vice President and CFO, will host a conference call… [Read More]
PROREIT announces July 2019 distribution
/NOT FOR DISSEMINATION IN THE UNITED STATES OR DISTRIBUTION THROUGH UNITED STATES NEWS OR WIRE SERVICES./ MONTRÃAL, July 23, 2019 /CNW Telbec/ – PRO Real Estate Investment Trust (“PROREIT” or the “REIT“) (TSX: PRV.UN) announced today that a cash distribution of $0.0525 per trust unit of the REIT (“Units“) for the month of July 2019 will… [Read More]
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