On June 10, 2026, PRO Real Estate Investment Trust completed a bought deal public offering of trust units for total gross proceeds of approximately $83 million, including the full exercise of the underwriters’ over-allotment option. Concurrently with the closing of the public offering, PROREIT completed a non-brokered private placement of trust units for additional gross proceeds of approximately $24 million.
The public offering was conducted through a syndicate of underwriters including TD Securities Inc. and Scotiabank as joint bookrunners as well as BMO Nesbitt Burns Inc., National Bank Financial Inc., Canaccord Genuity Corp., CIBC World Markets Inc., RBC Dominion Securities Inc., Raymond James Ltd., Desjardins Securities Inc., iA Private Wealth Inc. and Leede Financial Inc.
Cassels acted for the underwriters.