PROREIT COMPLETES TRANSITION INTO PURE-PLAY INDUSTRIAL REIT WITH SALE OF 12 NON-CORE RETAIL PROPERTIES FOR GROSS PROCEEDS OF $51.3 MILLION

PROREIT COMPLETES TRANSITION INTO PURE-PLAY INDUSTRIAL REIT WITH SALE OF 12 NON-CORE RETAIL PROPERTIES FOR GROSS PROCEEDS OF $51.3 MILLION

Achieves medium-term target, with industrial base rent now comprising 90% of the annualized portfolio base rent Introduces refreshed brand identity to underscore strategic evolution MONTREAL, Oct. 1, 2025 /CNW/ - PRO Real Estate Investment Trust ("PROREIT" or the "REIT") (TSX:PRV) today announced that it has completed the sale of 12 non-core retail properties totalling approximately 277,000 square feet of gross leasable area ("GLA") for total gr…