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PRO Real Estate Investment 8 Convertible Unsecured Subod Debentures T.PRV.DB

Alternate Symbol(s):  T.PRV.UN | PRVFF

PRO Real Estate Investment Trust is a Canada-based open-ended real estate investment trust. The Company owns a portfolio of commercial real estate properties in Canada, with an industrial focus in robust secondary markets. The Company’s segments include three classifications of investment properties: Industrial, Retail and Office. All of the Company’s activities are located in a single segment, Canada. With a concentration in eastern and central Canada, its industrial-focused real estate portfolio consists of commercial properties located in secondary markets. It has approximately 123 properties, including MONCTON, NEW BRUNSWICK, Amherst, Nova Scotia; L'ancienne-Lorette, Quebec; Daveluyville, Quebec; Saint John, New Brunswick; Miramichi, New Brunswick; Woodstock, New Brunswick and others. The Company’s properties are located in Western Canada, Ontario, Quebec and Atlantic Canada.


TSX:PRV.DB - Post by User

Post by MarketShark2on Jun 01, 2020 8:58pm
216 Views
Post# 31099179

Company still 58% lower than 52 week high

Company still 58% lower than 52 week highHigh of $7.85. No assets have been sold off. Big insider buys on open market. Company buying back shares. Lower mortgage rates. Why is the company still valued so low? Nothing had changed aside from them collecting 10% less rent. It wont be long before dividend is increased back to what it was.
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