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M&A

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

Lane
M&A
Announced
18 Dec 2025
Province
Quebec
Industry
Real estate
Status
Announced
What the filing says
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").
Terms stated
price per security
Source

The terms are in the subscriber edition

This transaction carries 1 stated term, with its value, unit and basis and the consideration.

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Compiled from public filings, court documents, exchange bulletins and issuer releases. Figures are as disclosed and are not independently verified.

Not financial, investment, legal or tax advice, and not an offer to buy or sell any security. Verify everything before you transact.

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