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.

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Primaris Real Estate Investment Trust > Huge Wedge

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Comment by Frankie10on Jun 08, 2022 4:53pm

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Post# 34741695

RE:RE:RE:RE:Huge Wedge

incorrect. i like this valuation. this is literally the perfect security for old people. let the old people have their real estate security. i tell every old person who asks to buy this. old people need capital preservation and cash yield. at this valuation, with the underlying assets, your capital, with a reasonable time preference, is well protected - with double digit ROI and cash yield of ~6% (far above a bank, which has little to no underlying net assets; valuation is all DCF).

LET THE OLD PEOPLE HAVE THIS, OKAY!?