An update from Primaris Real Estate Investment Trust ( ($TSE:PMZ.UN) ) is now available.
Primaris Real Estate Investment Trust announced a distribution of $0.0717 per unit for February 2025, equating to an annualized distribution of $0.86 per unit. This strategic financial decision underscores Primaris’ robust capital position, enabling it to capitalize on evolving market opportunities within Canada’s retail property sector.
More about Primaris Real Estate Investment Trust
Primaris Real Estate Investment Trust is Canada’s only REIT focusing on enclosed shopping centres, primarily owning interests in leading centres located within growing mid-sized markets. The REIT’s portfolio encompasses 15 million square feet valued at approximately $4.6 billion, benefiting from economies of scale through a fully integrated management platform.
YTD Price Performance: -3.83%
Average Trading Volume: 210,457
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$1.53B
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