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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
Bullboard Posts
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(4)
•••
Comment by Sunnyboyon May 14, 2020 11:06am
186 Views
Post# 31027646

RE:RE:RE:RE:RE:RESULTS ARE OUT!

RE:RE:RE:RE:RE:RESULTS ARE OUT!I don’t own BTB but they also came out with their numbers. They only collected 79% of April rent. This would mean their quarterly AFFO will go down to $504.720,00 with a quarterly reduced distribution of $4.412.000,00……Doesn’t this give an AFFO payout ratio of about 800%???

Not going to post this on the BTB board but investors in BTB could recoup their reduction in the Div by selling BTB today and buying PRV and have shares in a company that seems financially in way better shape.

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities