Pro Real Estate Investment Trust

PRV.UN

CA7426943006

PRO Real Estate Investment Trust is a Canada-based industrial-focused open-ended real estate investment trust (REIT). The Trust owns a portfolio of commercial real estate properties in Canada, with an industrial focus in robust secondary markets. Its segments include three classifications of investment properties: Industrial, Retail and Office. It is present in ten Canadian provinces, with a high concentration in Eastern and Central Canada. The Trust owns 121 investment properties (including a 50% ownership interest in 42 investment properties), including 135 Main Street in Moncton, New Brunswick; Amherst, Nova Scotia; L'ancienne-Lorette, Quebec; Daveluyville, Quebec; Saint John, New Brunswick; Miramichi, New Brunswick; Woodstock, New Brunswick, and others. The Trust's properties are located in Western Canada, Ontario, Quebec and Atlantic Canada.

Sector

Commercial REITs

Calendar

2024-05-07 - Q1 2024 Earnings Release

More about the company

Income Statement Evolution

More financial data

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

5.1 CAD

Average target price

6.143 CAD

Spread / Average Target

+20.45%

Consensus

Quarterly revenue - Rate of surprise

Company calendar

Sector Industrial REITs

	1st Jan change	Capi.
PRO REAL ESTATE INVESTMENT TRUST	+7.34%	221M
PROLOGIS, INC.	-21.52%	95.6B
GOODMAN GROUP	+21.78%	38.74B
REXFORD INDUSTRIAL REALTY, INC.	-23.28%	9.35B
EASTGROUP PROPERTIES, INC.	-14.94%	7.49B
AMERICOLD REALTY TRUST, INC.	-26.18%	6.34B
STAG INDUSTRIAL, INC.	-12.14%	6.28B
FIRST INDUSTRIAL REALTY TRUST, INC.	-12.30%	6.09B
WAREHOUSES DE PAUW SA	-13.12%	5.71B
FIBRA PROLOGIS	-11.18%	5.51B

Industrial REITs

Delayed Toronto S.E. Other stock markets 02:33:04 2024-04-26 pm EDT			5-day change	1st Jan Change
5.13 ^CAD	+0.59%		+0.79%	+7.34%

Apr. 19	Pro Real Estate Investment Trust Announces Cash Distribution for the Month of April 2024, Payable on May 15, 2024	CI
Apr. 17	REITs Brief: Bloomberg Reporting That Ontario Teachers' Pension Plan Weighing $5 Billion Sale of Amica, a private provider of luxury seniors residences	MT

Pro Real Estate Investment Trust Announces Cash Distribution for the Month of April 2024, Payable on May 15, 2024	Apr. 19	CI
REITs Brief: Bloomberg Reporting That Ontario Teachers' Pension Plan Weighing $5 Billion Sale of Amica, a private provider of luxury seniors residences	Apr. 17	MT
Transcript : Pro Real Estate Investment Trust, Q4 2023 Earnings Call, Mar 21, 2024	Mar. 21
PRO REIT Brief: Adds Same Property NOI was up 7.5% in Q4 YoT and up 1.7% in Fiscal 2023 compared to Fiscal 2022	Mar. 20	MT
PRO REIT Brief: Says Net operating income (NOI) was up 2.2% in Q4 YoY and up 0.4% for Fiscal 2023 compared to Fiscal 2022	Mar. 20	MT
Pro Real Estate Investment Trust Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Mar. 20	CI
Pro Real Estate Investment Trust Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 19	CI
Pro Real Estate Investment Trust Announces Cash Distribution for the Month of March 2024, Payable on April 15, 2024	Mar. 19	CI
Pro Real Estate Investment Trust Announces Cash Distribution for the Month of February 2024, Payable on March 15, 2024	Feb. 20	CI
Pro REIT Sells Two Properties For $20.7 Million; Enters Separate Deal For $5.4 Million In Additional Proceeds	Feb. 15	MT
PRO REIT Brief: Says Completed Sale of Two Non-Core Properties For Gross Proceeds of $20.7 Million	Feb. 15	MT
An unknown buyer acquired 65,000 SF Non-Core Industrial Property from Pro Real Estate Investment Trust (TSX:PRV.UN)	Feb. 14	CI
An unknown buyer acquired 59,085 SF Non-Core Retail Property from Pro Real Estate Investment Trust (TSX:PRV.UN) for CAD 13.5 million.	Feb. 14	CI
Proreit Announces January 2024 Distribution, Payable on February 15, 2024	Jan. 22	CI
PRO REIT Completes Sale of Three Non-Core Properties	Dec. 28	MT
An unknown buyer completed the acquisition of One non-core retail property from Pro Real Estate Investment Trust (TSX:PRV.UN).	Dec. 27	CI
An unknown buyer acquired three non-core retail properties from Pro Real Estate Investment Trust (TSX:PRV.UN) for CAD 13.2 million.	Dec. 27	CI
Pro Real Estate Investment Trust Announces December 2023 Cash Distribution, Payable on January 15, 2024	Dec. 19	CI
Pro Real Estate Investment Trust Announces Cash Distribution for November 2023, Payable on December 15, 2023	Nov. 22	CI
Pro Real Estate Investment Trust Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 16	CI
Transcript : Pro Real Estate Investment Trust, Q3 2023 Earnings Call, Nov 09, 2023	Nov. 09
Tranche Update on Pro Real Estate Investment Trust (TSX:PRV.UN)'s Equity Buyback Plan announced on September 22, 2022.	Nov. 07	CI
An unknown buyer agreed to acquire One Non-Core Retail Property Totaling Approximately 4,500 Square Feet from Pro Real Estate Investment Trust (TSX:PRV.UN) from $2.2 million.	Nov. 07	CI
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.	Nov. 07	CI
Proreit Announces Cash Distribution for the Month of October 2023, Payable on November 15, 2023	23-10-20	CI

Pro Real Estate Investment Trust

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