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

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

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

Comment by LittleHedgeon Mar 27, 2019 9:08pm
181 Views
Post# 29545677

RE:RE:RE:3 for 1 reverse stock split

RE:RE:RE:3 for 1 reverse stock splitYes, but its fine.  Also stocks typically do well when moving to tsx, it will expose them to institutional buying. Many dont even consider the venture exchange. Great news. REITs are doing well at the moment so timing is perfect and look at the revenue year over year. Holding this long. Its doing well and its giving my average dividend rate the boost it needs.  If the market doesnt like the 3/1 then great, grab a few more, imo it will be quickly forgiven as usual.
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