top-pic-about-2.jpg

 

 

A FAST-GROWING CANADIAN COMMERCIAL REIT

PROREIT (TSX:PRV.UN) is a Canadian unincorporated, open-ended real estate investment trust, which owns high-quality portfolio of commercial properties with a strong industrial focus. We benefit from an efficient operating structure, with internalized asset and property management functions.

PROREIT is present in ten Canadian provinces, with a strong presence in Eastern and Central Canada.

141

Number
of Properties

6.6M

Gross
leasable area

(Square feet)

98.3%

Occupancy
Rate

4.4

Weighted
average lease
term

(years)

History

Established in 2013, PROREIT has a compelling history of growth and value creation. We have built our portfolio of high-quality assets with the objective to pursue prudent growth opportunities and leverage our scale. We are located in 10 Canadian provinces, with a strong presence in Eastern and Central Canada. We aim to continue owning and operating high-quality properties with a strong focus on the industrial sector in mid-size Canadian cities.

> Learn More About Our History

Senior Management

PROREIT is led by an experienced management team with deep industry knowledge and expertise.

> Learn More About Senior Management

Board of Trustees

PROREIT’s Board of Trustees is committed to the highest standards of governance.

> Learn More About Our Board of Trustees

Strategies and Objectives

Since its founding, PROREIT’s focus has been on generating consistent income for unitholders while creating long-term value.

We have a clear vision to pursue our expansion and to become an industrial-focused mid-cap Canadian REIT in strong secondary markets.

External Growth

We focus on acquiring accretive income-producing commercial properties, while increasing our exposure to the industrial sector, in cities with strong economies.

Internal Growth

We pursue expansion and redevelopment opportunities within our portfolio while nurturing existing client relationships, ensuring solid tenant base retention and growth.

Strong Balance Sheet

With robust business fundamentals and a prudent approach to capital management, we are committed to maintaining a strong balance sheet.

Our Commitment To Sustainability

As PROREIT pursues its growth with a focus on the industrial sector, we are dedicated to accelerating our capabilities on the ESG front, and to incorporate sustainability measures into our decision-making processes and everyday actions.

> View Our Sustainability Section

Property Management

Compass Commercial Realty LP is the property management arm of PROREIT. Acquired in 2018, Compass offers the full suite of commercial property management and real estate services to a broad range of institutional, corporate and private clients. Committed to delivering high-quality, full-service property solutions, our Compass team operates across Canada.

> Learn More About Compass