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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 Shirtlessnomoreon Sep 24, 2020 6:40pm
141 Views
Post# 31617866

RE:RE:Are we going to retest $2.50, this is a turd man

RE:RE:Are we going to retest $2.50, this is a turd manAnd regardless of the virus it did very well even throughout the worst part of it. Mostly essential businesses and real estate. It's a buy for me as well. ...
Arbutus22 wrote: CFO was buying in August at $5.35. I bought from 3.30-4.80 over past 6 months. PRV has strong management, strong growth and potential for more, with potential buyout well down the road. Didn't think sp would drop to current level again but here we are. This is long term for me, not a trade. Nothing specific to PRV; market negative momentum dragging sp down, along with sp of many other reits. I didn't buy today but will pick up more tomorrow if sp remains weak. If you believe the hysteria will pass, and that the virus will dissipate, then downrisk here is minimal. Meantime, I collect 10% which seems in zero danger of being cut, after dividend cut back in April.


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