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PROREIT ANNOUNCES ACQUISITION OF INDUSTRIAL PROPERTY IN WINNIPEG FOR $5.4 MILLION

Newswire.ca - Thu Dec 18, 2025

MONTREAL, Dec. 18, 2025 /CNW/ - PRO Real Estate Investment Trust ("PROREIT" or the "REIT") (TSX: PRV.UN) today announced the acquisition of a 100% interest in a high-quality industrial property in Winnipeg, Manitoba, totaling 24,665 square feet of gross leasable area ("GLA"), for a total purchase price of $5.4 million (excluding closing costs) from Parkit Enterprise Inc. (TSXV: PKT) ("Parkit"), representing approximately $217 per square foot and a mid-six percent capitalization rate (the "Transaction").

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