TORONTO — Primaris Real Estate Investment Trust (“Primaris REIT”) (TSX: PMZ.UN) announced today that its Board of Trustees has declared a distribution of $0.0683 per unit for the month of September, 2023, representing $0.82 per unit on an annualized basis. The distribution will be payable on October 16, 2023 to unitholders of record on September 29, 2023.
About Primaris REIT
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Primaris is Canada’s only enclosed shopping centre focused REIT, with ownership interests primarily in the leading enclosed shopping centres in growing markets. The current portfolio totals 11.4 million square feet valued at approximately $3.4 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.
TSX: PMZ.UN
www.primarisreit.com
View source version on businesswire.com: https://www.businesswire.com/news/home/20230907603139/en/
Contacts
Alex Avery
Chief Executive Officer
416-642-7837
[email protected]
Rags Davloor
Chief Financial Officer
416-645-3716
[email protected]
Tim Pire
Chair of the Board of Trustees
[email protected]
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