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PRO Real Estate Investment Trust (PRV_u.V)

PRV_u.V on TSX Venture Exchange

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Latest Key Developments (Source: Significant Developments)

Proreit announces $20 million public offering of trust units
Tuesday, 23 May 2017 03:34pm EDT 

May 23 (Reuters) - Pro Real Estate Investment Trust :Proreit announces $20 million public offering of trust units and proposed property acquisitions.Pro real estate investment trust- agreement to sell to syndicate of underwriters, on bought deal basis, 8.9 million trust units at price of $2.25/unit.Pro real estate investment trust - REIT intends to use net proceeds from offering to partially fund acquisitions, to fund expansion, among others.Pro real estate investment trust - has entered into a binding conditional agreement in respect of four of its previously announced acquisitions.Pro real estate investment trust - agreement provides REIT will acquire 4 retail properties in province of québec for purchase price of $9.0 million.  Full Article

PROREIT announces $40.4 mln of proposed acquisitions in Ontario and Atlantic Canada
Tuesday, 16 May 2017 07:00am EDT 

May 16 (Reuters) - PRO Real Estate Investment Trust -:PRO Real Estate Investment Trust - acquisitions will be partially financed by proceeds from profitable sale of two industrial buildings in etobicoke, ontario.PRO Real Estate Investment Trust - properties will be financed by assumption of $16.7 million in mortgages.PRO REIT- also entered into loi and expects to sign binding conditional agreement for acquisition of light industrial property for $5.7 million.PRO Real Estate Investment Trust - properties will also be financed by issuance of $7.2 million of class b limited partnership units of pro reit ltd partnership.PRO REIT- entered into binding agreement for sale of two industrial properties in etobicoke, ontario for gross proceeds of $22.3 million.PRO Real Estate Investment Trust - sale transaction will generate in excess of $10 million in free cash.  Full Article

Pro REIT says property revenues increased 9.41 pct in Q4
Wednesday, 29 Mar 2017 06:07pm EDT 

Pro Real Estate Investment Trust - : Property revenues increased 9.41% to $6.08 million for q4 .AFFO increased 12.94% to $2.10 million in q4.  Full Article

PROREIT qtrly diluted AFFO per unit $0.0527
Wednesday, 17 Aug 2016 05:00pm EDT 

Pro Real Estate Investment Trust : PROREIT reports strong second quarter 2016 financial and operating results . Qtrly FFO per share $0.0422 . NOI increased 44.8% to $3.50 million in Q2 .Qtrly diluted AFFO per unit $0.0527.  Full Article

PROREIT reports basic AFFO of $0.0542 per unit
Wednesday, 25 May 2016 05:04pm EDT 

Pro Real Estate Investment Trust : Qtrly basic AFFO per unit $ 0.0542 .Over-Year growth in first quarter 2016.  Full Article

BRIEF-Proreit announces $20 million public offering of trust units

* Proreit announces $20 million public offering of trust units and proposed property acquisitions