Proreit Completes Acquisition Of Four Industrial Properties For $21.7 Million

PRO Real Estate Investment Trust (TSX: PRV.UN) (“PROREIT”) today announced the completion of its previously announced acquisition of a 100% interest in four industrial properties totaling 164,872 square feet of gross leasable area (“GLA”) located in Winnipeg, Manitoba, for an aggregate purchase price of $21.7 million (excluding closing costs).

The acquisition was funded through a new eight-year fixed-rate mortgage financing of approximately $14.1 million bearing interest at 4.95%, and approximately $7.6 million of cash on hand from the net proceeds of PROREIT’s equity financing completed on June 10, 2026.

Inclusive of this acquisition, PROREIT’s portfolio is now comprised of 126 income-producing properties representing approximately 7.4 million square feet of GLA, with the industrial sector representing approximately 93.5% of GLA and 92.1% of annualized base rent.

About PRO Real Estate Investment Trust

Founded in 2013, PROREIT (TSX: PRV.UN) is a Canadian industrial real estate investment trust that owns and operates a portfolio of high-quality properties. With a presence in strong primary and secondary Canadian markets, PROREIT is committed to delivering stable cash flow, disciplined growth and long-term value for its unitholders.

For more information on PROREIT, please visit PROREIT’s website at: https://proreit.com.

Source : PROREIT

CanadianSME

With an aim to contribute to the development of Canada’s Small and Medium Enterprises (SME’s), Cmarketing Inc is a potential marketing agency and a boutique business management company progressing rapidly in its scope. By acknowledging a firm reliance of the Canadian economy over its SMEs, the agency has resolved to launch a magazine, the pure focus of which will be the furtherance of Canadian SMEs, and to assist their progress with the scheduled token of enlightenment via the magazine’s pertinent content.

See Full Bio