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Primaris Real Estate Investment Trust T.PMZ.UN

Alternate Symbol(s):  PMREF

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

Comment by CatchTheDipon Apr 01, 2022 12:29pm
121 Views
Post# 34567624

RE:RE:RE:RE:Where's the NCIB?

RE:RE:RE:RE:Where's the NCIB?HR is not in the game of owning shares/units of another company/REIT. Selling PMZ at 30% discount and use that money to keep buying back their own shares at a 25-30% discount makes sense.

SNAKEYBOY wrote:
What would inspire HR to sell at such a discount? I would have thought they would have approached a buyer and got a better price privately or waited


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