PRV_u – PRO Real Estate Investment Trust

Not Compliant

PRO Real Estate Investment Trust is not Shariah Compliant because it fails the financial ratios.

PRO Real Estate Investment Trust is a Canada-based industrial-focused open-ended real estate investment trust (REIT). The Trust owns a portfolio of commercial real estate properties in Canada, with an industrial focus in robust secondary markets. Its segments include three classifications of investment properties: Industrial, Retail and Office. It is present in ten Canadian provinces, with a high concentration in Eastern and Central Canada. The Trust owns 121 investment properties (including a 50% ownership interest in 42 investment properties), including 135 Main Street in Moncton, New Brunswick; Amherst, Nova Scotia; L’ancienne-Lorette, Quebec; Daveluyville, Quebec; Saint John, New Brunswick; Miramichi, New Brunswick; Woodstock, New Brunswick, and others. The Trust’s properties are located in Western Canada, Ontario, Quebec and Atlantic Canada.

AAOIFI ✗

Debt ÷ Market cap (MC)175.36
Non-Compliant Assets ÷ MC343.88

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