InvestorOutreachCenter PROREIT (PRV) Case Study
Investment Heat Map HIGH LOW Oct 2016 - PROREIT completes $29 million equity offering. Nov 2017 - Major expansion with binding agreement to acquire 19-property portfolio anchored primarily by Rexall pharmacies. Jan 2018 - $25 million public offering of trust units. Jul 2018 - PROREIT completes compass commercial realty acquisition and $31.7 million in property acquisitions in Winnipeg and Drummondville. Sept 2018 - $61.7 million of proposed property acquisitions, public offering of $35.0 million of trust units and intension to graduate to the TSX. May 2019 - Graduated to TSX. Aug 2019 - Agrees to acquire a group of 7 properties for an aggregate purchase price of $97.8 million concurrent with a $50 million Bought Deal public offering of trust units. Corporate Milestones
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