Primaris REIT Announces Distribution for May 2025
TORONTO — Primaris Real Estate Investment Trust (' Primaris ' or the ' Trust ') (TSX: PMZ.UN) announced today that its Board of Trustees has declared a distribution of $0.0717 per unit for the month of May 2025, representing $0.86 per unit on an annualized basis. The distribution will be payable on June 16, 2025 to unitholders of record on May 31, 2025.
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Primaris is Canada's only enclosed shopping centre focused REIT, with ownership interests in leading enclosed shopping centres located in growing Canadian markets. The current portfolio totals 14.2 million square feet, valued at approximately $4.5 billion at Primaris' share. Economies of scale are achieved through its fully internal, vertically integrated, full-service national management platform. Primaris is very well-capitalized and is exceptionally well positioned to take advantage of market opportunities at an extraordinary moment in the evolution of the Canadian retail property landscape.
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Contacts
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Alex Avery
Chief Executive Officer
416-642-7837
aavery@primarisreit.com
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Rags Davloor
Chief Financial Officer
416-645-3716
rdavloor@primarisreit.com
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