PROREIT buys four Winnipeg industrial properties for $21.7 million
XLRE•Portfolio update
The portfolio now totals 126 income-producing properties with about 7.4 million square feet; industrial represents 93.5% of area.
Financing for the acquisition
Funding included CAD 14.1 million of new eight-year fixed-rate mortgage financing at 4.95%.
The balance came from cash on hand sourced from net proceeds of an equity financing completed on June 10, 2026.
PROREIT closes Winnipeg industrial property purchase
PRO Real Estate Investment Trust closed the purchase of four industrial properties in Winnipeg for CAD 21.7 million.
The assets total 164,872 square feet of gross leasable area.
