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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

Post by Fitbankeron Mar 25, 2021 10:27am
155 Views
Post# 32874745

ER out - solid

ER out - solid

PROREIT ANNOUNCES FOURTH QUARTER AND FULL YEAR 2020 RESULTS

 

 

 

  • 21.1% year-over-year increase in property revenue from 2019 
  • Net operating income1 grew 14.2% on year-over-year basis 
  • Net income and comprehensive income up 40.7% from 2019 
  • 9.9% year-over-year increase in AFFO1 from 2019
  • 97% of leases matured in 2020 renewed
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