PROREIT (TSX:PRV.UN) is a Canadian unincorporated, open-ended real estate investment trust, which owns high-quality commercial properties in the retail, industrial, office and mixed-use sectors. We benefit from an efficient operating structure, with internalized asset and property management functions.
PROREIT is present in nine Canadian provinces, with a strong focus on Eastern and Central Canada.
Established in 2013, PROREIT has a compelling history of growth and value creation. We have built our portfolio of assets with the objective of diversifying our properties, both in terms of asset class and geography. We are now present in almost all Canadian provinces, with a strong focus on Eastern and Central Canada. With our increased scale and growing profile, we now have access to properties within larger Canadian urban centres.> Learn More About Our History
Since its founding, PROREIT’s focus has been on generating consistent income for unitholders while increasing long-term value.
We have a clear vision to pursue our expansion and to become a diversified mid-cap Canadian REIT.
We focus on acquiring accretive income-producing commercial properties in strong secondary markets as well as on pursuing portfolio diversification in terms of asset class and geography.
We pursue expansion and redevelopment opportunities within our portfolio while nurturing existing client relationships, ensuring solid tenant base retention and growth.
With robust business fundamentals and a prudent approach to capital management, we are committed to maintaining a strong balance sheet.
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.