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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 TVLtoWIn2on Mar 13, 2021 10:29am
143 Views
Post# 32792583

RE:RE:Volume is up .

RE:RE:Volume is up .

Being an optimist I prefer to think the recent news release is the beginning of a strategy to increase the unit price.Next step is to increase the Divy back to $0.045 which is halway from the current $0.0375 and the pre-covid Divy of $0.0525 ( which I don't thik was sustainable even without Covid). This should get the SP back over $7.00 -$7.50 which would then allow for the issue new shares. Reinstalling the DRIP would be a little extra bonus.   

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