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

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

Real Estate REIT - Diversified

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

PRO Real Estate Investment 8 Convertible Unsecured Subod Debentures > BMO analyst update

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Comment by Smokeramaon Nov 17, 2020 11:03am

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Post# 31914150

RE:RE:RE:RE:BMO analyst update

I bought a bunch in Spring as well. Sometimes, you just need to simplify the analysis and look at key metrics. The debt to gross book value at 58.72% is likely the red flag that is keeping the stock price down. I have other REITs that are in the 42-50% range and they are performing well. This is a very simple analysis but I always look at this number when assessing a REIT.

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