Pro Real Estate Investment Trust (TSX:PRV.UN) entered into a binding agreement to acquire Eight Light Industrial Buildings in Winnipeg, Manitoba for CAD 32.3 million on June 15, 2021. The purchase price will be substantially financed from the proceeds of a new CAD 20.7 million 5-year first mortgage. The balance of the purchase price will be satisfied with cash on hand and operating facilities of CAD 11.6 million available as a result of the recent CAD 50 million private placement of equity. The transaction is subject to customary conditions and is expected to close in the next few weeks. Pro Real Estate Investment Trust (TSX:PRV.UN) completed the acquisition of Eight Light Industrial Buildings in Winnipeg, Manitoba on July 5, 2021.