Company Data
Primaris Real Estate Investment Trust
Ticker
PMZ.UN:CA
Current Price
$14.74 -0.61%
Market Cap
$1.4B
Price Target
Refer to Report
Volume
34.2K
52wk Range
$12.67 - $16.49
Overview
Primaris REIT is Canada’s only enclosed shopping centre focused REIT, with ownership interests primarily in enclosed shopping centres that are dominant in their trade areas. The portfolio totals 11.4 million square feet and is valued at approximately $3.2 billion at Primaris’ share. Economies of scale are achieved through its fully internal, vertically integrated, full-service national management platform. Primaris REIT 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.