The Globe and Mail reports in its Friday, Oct. 2, edition that Desjardins Securities analyst Kyle Stanley is keeping his "buy" recommendation and $7.50 unit target for PRO REIT intact. The Globe's David Leeder writes in the Eye On Equities column that analysts on average target the units at $7.40. Mr. Stanley says in a note: "Limited new industrial supply combined with the early benefits of fiscal spending demand has translated into substantial asking rent growth in Halifax (83-per-cent T5Y vs 46-per-cent average across other markets). This offers a 20-per-cent average MtM opportunity for PRO REIT as leases mature -- 400 ksf of renewals across the portfolio (55-per-cent spread) are set to begin contributing in Q4, including a 110 ksf lease to Sysco in Halifax at a 103-per-cent spread. Moreover, enhanced business activity in Halifax should translate into improving occupancy over time (PRO REIT's Halifax industrial occupancy is 93.5 per cent), as most existing vacancy relates to ancillary office space. The combination of these factors drives 10-per-cent FFOPU growth in 2027 from -2 per cent in 2026, the best in the industrial space and the most aggressive year-over-year growth inflection vs peers."