(MENAFN- Newsfile Corp) Toronto, Ontario--(Newsfile Corp. - November 3, 2025) - Pine Trail REIT (TSXV: PINE) ("REIT") has secured a three-year lease with a group of family physicians at 389 Main Street ("The Picton Clinic"), further reinforcing the building's role as a cornerstone of primary care in Prince Edward County. The new lease underscores the rising demand for modern, community-based medical space in smaller markets and highlights the long-term value of attracting physicians early in their careers. This all-women physician group represents the future of healthcare delivery; collaborative, patient-centered, and deeply rooted in continuity of care.

The Picton Clinic sits adjacent to the under-construction Prince Edward County Memorial Hospital ("Hospital"), a next-generation healthcare facility that, upon completion, will become the first mass timber hospital in North America. Designed for both performance and sustainability, the Hospital will be framed in Canadian black spruce sourced from northern Quebec.¹Construction is currently 35% complete, with opening targeted for 2027 and final delivery expected in early 2028.

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