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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

Primaris Real Estate Investment Trust
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Post by duplex5696on Aug 02, 2024 3:53pm
82 Views
Post# 36161798

Re:- No matter what happens

Re:- No matter what happensIts current earnings have exceeded expectations. The reason it couldn't hold on to $14 has nothing to do with the stock. The barrier is the interest rate gap between Reits and Fixed Intruments . You should make your decisions by examing their financials rather than trying to follow day to day price trends.Today PMZ has hit $14 on a difficult trading day. I am guessing that the release of their current earnings and guidance has a lot to do with it.
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