Primaris REIT Announces Distribution for April 2024

Apr 08, 2024 04:05 pm

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 $0.07 per unit for the month of April 2024, representing $0.84 per unit on an annualized basis. The distribution will be payable on May 15, 2024 to unitholders of record on April 30, 2024 to unitholders of record on April 30, 2024.

About Primaris Real Estate Investment Trust

Primaris is Canada’s only enclosed shopping centre focused REIT, with ownership interests primarily in the leading enclosed shopping centres in growing markets. The portfolio totals 39 properties, or 12.5 million square feet, valued at approximately $3.9 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.

TSX: PMZ.UN www.primarisreit.com www.sedarplus.ca

View source version on businesswire.com: https://www.businesswire.com/news/home/20240408829147/en/

Alex Avery
Chief Executive Officer
416-642-7837
[email protected]

Rags Davloor
Chief Financial Officer
416-645-3716
[email protected]

Claire Mahaney
VP, Investor Relations & ESG
647-949-3093
[email protected]

Timothy Pire
Chair of the Board
[email protected]

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