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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

Post by garyreinson Aug 03, 2024 7:53pm
143 Views
Post# 36163587

$16

$16If given the same FFO multiple as Riocan PMZ should be $16.  Now Riocan obviously has much better assets and some resedential but PMZ balance sheet is a bit better and have some higher lease renewals coming due to covid incentives; so perhaps still some upside
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