Stocks in Play: PRO Real Estate Investment Trust

Jun 27, 2025 - 14:00
Stocks in Play: PRO Real Estate Investment Trust

Friday, June 27, 2025

9:55 AM EST - PRO Real Estate Investment Trust : Announced the successful completion of its previously announced acquisition of a 100% interest in a portfolio of six high-quality industrial properties located in Winnipeg, Manitoba totaling 678,177 square feet of GLA for an aggregate purchase price of $96.5 million (excluding closing costs) from Parkit Enterprise Inc. representing approximately $142 per square foot and a mid-six percent capitalization rate. PRO Real Estate Investment Trust (T.PRV.UN) shares were up $0.02 at 5.73.Stocks in Play: PRO Real Estate Investment Trust, Fri, 27 Jun 2025 09:57:06 EST