Latest news with #PrimarisREIT
Globe and Mail
03-07-2025
- Business
- Globe and Mail
Primaris REIT Announces Financial Results Release Date, Webcast, and Conference Call
Primaris Real Estate Investment Trust (' Primaris ' or the ' Trust ') (TSX: will be releasing its financial results for the quarter ended June 30, 2025, on Wednesday, July 30, 2025, after the market closes. Senior leadership will be hosting a conference call and webcast presentation on July 31, 2025. Conference Call and Webcast: The call will be accessible for replay until August 7, 2025, by dialing 1-866-813-9403 with access code 962368, or on the Investor Relations section of the website. About Primaris Real Estate Investment Trust 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 15.0 million square feet, valued at approximately $4.9 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.
Bloomberg
09-05-2025
- Business
- Bloomberg
A $1.7 Billion Bet on Old Malls Is Pushing This Firm Past Rivals
The best returning real estate investment trust in Canada has made its money by offering the country's pension funds a way out of a type of property they don't want. And it's only getting started. Primaris Real Estate Investment Trust has hoovered up old malls since its creation in 2022, striking more than C$2.4 billion ($1.7 billion) in deals. It's in talks for properties worth about C$4 billion, according to Chief Executive Officer Alex Avery, betting that by buying even more malls it can achieve a scale that helps it revive the buildings and generate cash to snap up more.
