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Fronsac Real Estate Investment Trust

01:55 PM EST - Fronsac Real Estate Investment Trust : Announced the acquisition of a property located in Waterloo, Quebec. The property is a service station under the Ultramar banner with a Beau-Soir convenience store. The property is located at the crossing of Du Nord street and Foster street, a highly trafficked artery in the city of Waterloo. It was acquired from a company owned by Odacité, with who Fronsac has a partnership, for a total consideration of $2,000,000 and was settled in cash. Fronsac Real Estate Investment Trust shares V.GAZ.UN are trading unchanged at $0.55.