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

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

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 > Dividend cut necessary

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Comment by incomedreamer11on Sep 27, 2023 3:57pm

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Post# 35657814

RE:RE:RE:Dividend cut necessary

Be careful.Don't catch the falling knife,in this environment low quality REIT

with some debt problem will be first victim .They already cut distribution in 2020,

never increase it and AFFO always around 100%,but using depreciation of property

they can show payout less 100%.Growth using debt and issuing shares now is gone.

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