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September 20, 2024

PROREIT ANNOUNCES SEPTEMBER 2024 DISTRIBUTION

MONTREAL, Sept. 20, 2024 /CNW/ - PRO Real Estate Investment Trust ("PROREIT" or the "REIT") (TSX: PRV.UN) announced today that a cash distribution of $0.0375 per trust unit of the REIT for the month of September 2024 ($0.45 on an annualized basis) will be payable on October 15, 2024 to unitholders of record as at September 30, 2024.

About PROREIT

PROREIT (TSX: PRV.UN) is an unincorporated open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. Founded in 2013, PROREIT owns a portfolio of high-quality commercial real estate properties in Canada, with a strong industrial focus in robust secondary markets.

For more information on PROREIT, please visit the website at: https://proreit.com.

SOURCE Pro Real Estate Investment Trust

For further information:

For further information: PRO Real Estate Investment Trust
Gordon G. Lawlor, CPA, President and Chief Executive Officer
514-933-9552

PRO Real Estate Investment Trust
Alison J. Schafer, CPA, Chief Financial Officer and Secretary
514-933-9552

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September 19, 2024

PROREIT COMPLETES ACQUISITION OF ONE INDUSTRIAL BUILDING FOR $32.6 MILLION AND SALE OF TWO NON-CORE OFFICE PROPERTIES FOR $26.6 MILLION

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