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Bullboard - Stock Discussion Forum 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 owns, manages, leases and develops retail properties in Canada. Its portfolio totals 15.0 million square feet. The Company’s properties include Cataraqui Centre, Conestoga Mall, Devonshire Mall, Dufferin Mall... see more

Bullboard (TSX:PMZ.UN)

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Comment by canadianon Oct 07, 2025 9:01pm

RE:RE:RE:RE:RE:RE:RE:Wtf

Why can't they issue shares at NAV? Isn't this diluting existing shares?
Comment by claritason Oct 07, 2025 4:25pm

RE:RE:RE:RE:RE:RE:Wtf

Issuing $150mm of shares as equity on a $565mm acquisition sounds reasonable.  Looks like the metrics are good too, so all in all, good job my management to acquire this property.
Comment by canadianon Oct 07, 2025 3:10pm

RE:RE:RE:RE:RE:Wtf

I did read. They could have issued new debt/debentures. No need for share dilution
Comment by claritason Oct 07, 2025 1:14pm

RE:RE:RE:RE:Wtf

Perhaps you should read up on the purpose of the share issue, they just made a large acquisition in Quebec (St Bruno).....
Comment by canadianon Oct 07, 2025 1:00pm

RE:RE:RE:Wtf

what a useless management. we need to vote them out. Why are they issuing new shares at 14.75 when NAV is above 21$
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  • BeyondValuezX
Post by BeyondValuezon Oct 07, 2025 9:10am

New Issue Sold Out

Books were closed early
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  • Possibleidiot01X
Post by Possibleidiot01on Sep 09, 2025 8:09pm

Financial Post Headline

  'We are in the clean-up phase': Why this REIT CEO keeps buying malls amid a wider real estate recovery Alex Avery's Primaris now has $5 billion in mall assets and is ...more