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Primaris Real Estate Investment Trust PMREF


Primary Symbol: T.PMZ.UN

Primaris Real Estate Investment Trust is a Canada-based company, which operates as an enclosed shopping center-focused real estate investment trust (REIT). The Company owns and manages 35 retail properties aggregating approximately 11.4 million square feet, including 22 enclosed shopping centers totaling approximately 9.8 million square feet and 13 unenclosed shopping center and mixed-use properties aggregating approximately 1.6 million square feet. Its properties include Cataraqui Centre, Devonshire Mall, Dufferin Mall, Grant Park Shopping Centre, Highstreet Shopping Centre, Kildonan Place, Lansdowne Place, Marlborough Mall, McAllister Place, Medicine Hat Mall, New Sudbury Centre, Northland Village, Orchard Park Shopping Centre, Park Place Mall, Peter Pond Mall, Place d’Orleans, Place du Royaume, Quinte Mall, Regent Mall, Sherwood Park Mall, Sunridge Mall, and St. Albert Centre. The Company also owns Conestoga Mall in Waterloo, Ontario.


TSX:PMZ.UN - Post by User

Post by SNAKEYBOYon Apr 24, 2022 11:12am
163 Views
Post# 34627223

WHAT IF THIS REIT FLOPS LIKE COMINAR

WHAT IF THIS REIT FLOPS LIKE COMINARDespite prudent moves in structuring the REIT with a solid balance sheet and low payout ratio, we all know the favored REITS of the past like CUF.UN, AX.UN, and HR.UN began a long nasty downtrend with eventual dividend cuts, forcing them into "strategic options".  Is PMZ destined to do the same? Lots of pressure on management and Mr Avery to deliver
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