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PROREIT COMPLETES TRANSITION INTO PURE-PLAY INDUSTRIAL REIT WITH SALE OF 12 NON-CORE RETAIL PROPERTIES FOR GROSS PROCEEDS OF $51.3 MILLION

Newswire.ca - Wed Oct 1, 2025

MONTREAL, Oct. 1, 2025 /CNW/ - PRO Real Estate Investment Trust ("PROREIT" or the "REIT") (TSX: PRV.UN) today announced that it has completed the sale of 12 non-core retail properties totalling approximately 277,000 square feet of gross leasable area ("GLA") for total gross proceeds of $51.3 million, or $185 per square foot, excluding closing costs.

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