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.