An unknown buyer agreed to acquire One non-core retail property from Pro Real Estate Investment Trust (TSX:PRV.UN) for CAD 8.7 million on October 20, 2023. The purchaser will assume a CAD 4.4 million mortgage with respect to the property that was to mature in September 2027, with the balance of the proceeds to be used for general business purposes. The closing of the sale is scheduled for Q4 2023 and is subject to standard closing conditions.

An unknown buyer completed the acquisition of One non-core retail property from Pro Real Estate Investment Trust (TSX:PRV.UN) on December 28, 2023.