On June 10, 2026, PRO Real Estate Investment Trust (PROREIT) completed a $107.3-million equity financing, consisting of an $83.3-million public offering of trust units on a bought deal basis, including the full exercise of the underwriters’ over-allotment option, and a concurrent $24-million non-brokered private placement of trust units. PROREIT intends to use the net proceeds from the offering and the private placement to partially fund previously announced acquisitions, to repay certain indebtedness and for general business and working capital purposes.
PROREIT is a Canadian industrial real estate investment trust that owns and operates a portfolio of commercial properties across Canada.
Osler, Hoskin & Harcourt LLP advised PRO Real Estate Investment Trust with a team consisting of Bastien Gauthier, Jonathan Leung (Corporate), Alain Fournier and Jean-Philippe Dionne (Tax).
Key Contact
Partner, Corporate, Montréal
