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PROREIT COMPLETES SALE OF THREE PROPERTIES FOR GROSS PROCEEDS OF $13.5 MILLION

Newswire.ca - Thu Jun 27, 6:02AM CDT

MONTREAL, June 27, 2024 /CNW/ - PRO Real Estate Investment Trust ("PROREIT" or the "REIT") (TSX: PRV.UN) today announced the completion of the sale of three properties, totalling approximately 57,500 square feet of gross leasable area ("GLA"), for total gross proceeds of $13.5 million, excluding closing costs. Additionally, PROREIT successfully completed a $9.8 million debt refinancing on two industrial properties with a new four-year mortgage.

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