Investor Presentaiton
Why Invest in PROREIT?
Industrial-focused portfolio in attractive cities
across Canada
/ Low-risk portfolio with fully-internalized asset and property
management
/ Consistently high occupancy rate and same property growth
/ Significant value embedded in portfolio
Clear strategy for growth and value creation
Increase scale - target to reach $2B in asset value in medium term¹
/ Focus on high-quality, well-located light industrial properties -
target industrial base rent of 90%
Optimize balance sheet and capital allocation
/ Consistent distributions
Committed to sustainable development
/ 14 PROREIT-owned properties are BOMA certified
/ All acquisition targets subject to thorough assessment of all
environmental and capital item components
ESG Steering Committee responsible for daily management
of ESG Program
Financial discipline
Stable cashflows with ample liquidity (cash and undrawn portion of
credit facility)
/ Ten years of asset growth while focused on debt reduction
/ Sound and flexible capital structure, with access to multiple sources
of capital
Seasoned leadership with proven track record
Diversified and independent board
/ Deep industry knowledge and expertise in real estate, property
management, M&A
/ Ability to identify and build stable, high-quality, low-risk portfolio
/ Disciplined pursuit of organic and acquisition growth opportunities,
as well as strategic partnerships
1 Medium-term targets are based on the REIT's current business plan and strategies and are not intended to be a forecast of future results. The medium-term targets contemplate the REIT's historical growth and certain
assumptions including but not limited to (i) current global capital market conditions (ii) access to capital (iii) interest rate exposure (iv) availability of high-quality industrial properties for acquisitions (v) dispositions of retail
and office properties and (vi) capacity to finance acquisitions on an accretive basis.
PROREITTSX:PRV.UN
INVESTOR PRESENTATION / OCTOBER 2023
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