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Bullboard - Stock Discussion Forum 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,... see more

TSX:PRV.DB - Post Discussion

Post by duplex5696 on May 11, 2021 9:53pm

PRV-Q1 Results

PRV has made strides on two fronts. They have strengthened their balance sheet as well as consolidating their property portfolio by selling off laggards and concentrating on sectors (industrial) which are more desiable in the current economic environment. They solidified an alliance with a substantial equity investor in an effort to accelerate their growth and help to increase liquidity. The big question continues to be "when will the market recognize their true value."
Comment by GROG on May 14, 2021 8:42am
The market will come back when they bring their dividend back up to pre pandemic levels.