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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 open-ended mutual fund trust, which operates as an enclosed shopping center-focused real estate investment trust (REIT). The Company manages, leases, and develops retail properties in Canada. Its portfolio includes approximately 38 retail properties aggregating approximately 13.3 million square feet. The Company’s 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, 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, Stone Road Mall, Halifax Shopping Complex, Conestoga Mall and St. Albert Centre.


TSX:PMZ.UN - Post by User

Primaris Real Estate Investment Trust
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Post by duplex5696on Aug 02, 2024 3:53pm
99 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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