PROREIT Reports Steady Revenue Amid Strategic Moves

PRO Real Estate Investment (TSE:PRV.UN) has released an update.

PRO Real Estate Investment Trust reported stable property revenue of $24 million for Q3 2024, despite owning 10 fewer properties year-over-year. The company achieved a 1.5% increase in net operating income and continued to strengthen its industrial portfolio with strategic acquisitions, while reducing debt by $18 million.

For further insights into TSE:PRV.UN stock, check out TipRanks’ Stock Analysis page.

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