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PRO Real Estate Investment Trust (PRV_u.V)

PRV_u.V on TSX Venture Exchange

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Change (% chg)

$-0.01 (-0.47%)
Prev Close
$2.15
Open
$2.17
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$2.18
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$2.14
Volume
65,539
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93,997
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$2.40
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$1.79

Latest Key Developments (Source: Significant Developments)

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

PRO Real Estate Investment Trust announces October 2015 distribution
Wednesday, 21 Oct 2015 12:32pm EDT 

PRO Real Estate Investment Trust:Says cash distribution of $0.0175 per trust unit of the REIT for the month of Oct.Payable on Nov. 16 to unitholders of record as at Oct. 30.  Full Article

PRO Real Estate Investment Trust announces Sept. 2015 Distribution
Monday, 21 Sep 2015 03:15pm EDT 

PRO Real Estate Investment Trust:Says cash distribution of $0.0175 per trust unit of the REIT for month of Sept.Says will be payable on Oct. 15 to unitholders of record as at Sept. 30.  Full Article

PRO Real Estate Investment Trust Announces Normal Course Issuer Bid and August 2015 Distribution
Thursday, 20 Aug 2015 05:59pm EDT 

PRO Real Estate Investment Trust:Says TSX Venture Exchange has accepted the notice filed by the REIT of its intention to make a normal course issuer bid through the facilities of the TSXV.Pursuant to the notice accepted by TSXV, REIT may, during the period commencing Aug. 26, 2015 and ending Aug. 25, 2016, purchase for cancellation.Through facilities of TSXV and at market price of REIT's trust units at time of purchase, up to 1,411,832 Units, representing 5 pct of REIT's issued and outstanding Units.Says cash distribution of $0.0175 per Unit for the month of August, 2015 will be payable on September 15, 2015 to unitholders of record as at August 31, 2015.  Full Article

PRO Real Estate Investment Trust announces July 2015 distribution
Tuesday, 21 Jul 2015 03:07pm EDT 

PRO Real Estate Investment Trust:Cash distribution of $0.0175 per trust unit of the REIT for month of July, 2015.Will be payable on Aug. 17, 2015 to unitholders of record as at July 31, 2015.  Full Article

PRO Real Estate Investment Trust announces closing of $40.5 mln acquisition program
Tuesday, 30 Jun 2015 08:00am EDT 

PRO Real Estate Investment Trust:Completes the previously announced acquisition of seven properties that it agreed to acquire further to the closing of its public offering of $17.5 mln of new equity, on June 9.Acquisitions are significantly accretive to the REIT's unitholders.Total purchase price for the seven properties acquired by PROREIT was about $40.5 mln.  Full Article

PRO Real Estate Investment Trust announces June 2015 distribution
Thursday, 18 Jun 2015 01:00pm EDT 

PRO Real Estate Investment Trust:Says cash distribution of $0.0175 per trust unit of the REIT for the month of June, 2015.Will be payable on July 15 to unitholders of record as at June 30.  Full Article

PRO Real Estate Investment Trust completes previously announced $17.5 mln equity offering
Tuesday, 9 Jun 2015 08:49am EDT 

PRO Real Estate Investment Trust:Says it has completed its previously announced offering, on a bought deal basis, for aggregate gross proceeds of about $17.5 mln.Net proceeds are expected to be used to finance a component of the previously announced accretive property acquisitions for an aggregate purchase price of about $40.5 mln.Offering was completed by a syndicate of underwriters led by Canaccord Genuity Corp.Also includes National Bank Financial Inc., Scotia Capital Inc., TD Securities Inc., BMO Nesbitt Burns Inc., Haywood Securities Inc. and Industrial Alliance Securities Inc.  Full Article

PRO Real Estate Investment Trust announces property acquisitions and public offering
Tuesday, 19 May 2015 04:47pm EDT 

PRO Real Estate Investment Trust:Enters into agreements to acquire an aggregate of 7 commercial properties for an aggregate purchase price of $40.5 mln.Enters into an agreement to sell to syndicate of underwriters led by Canaccord Genuity Corp on bought deal basis, 7,625,000 trust units.Says it is priced at $2.30 per unit for gross proceeds to REIT of about $17.5 mln.Grants underwriters an over-allotment option to purchase up to an additional 1,143,750 Units on same terms and conditions, up to 30 days after closing of offering.Intends to use net proceeds from offering to partially fund acquisitions, to fund redevelopment of an existing property, to repay certain indebtedness and for general corporate and working capital purposes.Offering is expected to close on or about June 9.  Full Article

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BRIEF-PRO Real Estate Investment Trust qtrly diluted AFFO per unit $ 0.0525

* PRO Real Estate Investment Trust qtrly diluted FFO per unit $0.0401 Source text for Eikon: Further company coverage: