AN INDUSTRIAL-FOCUSED CANADIAN COMMERCIAL REIT
PROREIT (TSX:PRV.UN) is an industrial-focused Canadian unincorporated, open-ended real estate investment trust, which owns high-quality portfolio of commercial properties located in secondary markets with strong economies. We benefit from an efficient operating structure, with internalized asset and property management functions.
PROREIT is present in ten Canadian provinces, with a high concentration in Eastern and Central Canada.
130
Number
of Properties
6.5M
Gross
leasable area
(Square feet)
98.5%
Occupancy
Rate
4.1
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 HistorySenior Management
PROREIT is led by an experienced management team with deep industry knowledge and expertise.
> Learn More About Senior ManagementBoard of Trustees
PROREIT’s Board of Trustees is committed to the highest standards of governance.
> Learn More About Our Board of TrusteesStrategies 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.
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.
