January 10, 2018 / 9:17 PM / 8 months ago

BRIEF-Proreit Announces $25 Mln Public Offering Of Trust Units

Jan 10 (Reuters) - Pro Real Estate Investment Trust :

* PROREIT ANNOUNCES $25 MILLION PUBLIC OFFERING OF TRUST UNITS

* PRO REAL ESTATE INVESTMENT TRUST - ‍OFFERING ON A BOUGHT DEAL BASIS, 10.9 MILLION TRUST UNITS AT A PRICE OF $2.30 PER UNIT​

* PRO REAL ESTATE INVESTMENT TRUST - ‍INTENDS TO USE NET PROCEEDS FROM OFFERING TO PARTIALLY FUND FUTURE ACQUISITIONS, TO REPAY CERTAIN INDEBTEDNESS​ Source text for Eikon: Further company coverage:

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