Primaris REIT Announces Distribution for October 2023

Oct 06, 2023 02:07 pm

TORONTO --

Primaris Real Estate Investment Trust (“Primaris REIT”) (TSX: PMZ.UN) announced today that its Board of Trustees has declared a distribution of $0.0683 per unit for the month of October, 2023, representing $0.82 per unit on an annualized basis. The distribution will be payable on November 15, 2023 to unitholders of record on October 31, 2023.

About Primaris REIT

Primaris is Canada’s only enclosed shopping centre focused REIT, with ownership interests primarily in the leading enclosed shopping centres in growing markets. The current portfolio totals 11.4 million square feet valued at approximately $3.4 billion at Primaris’ share. Economies of scale are achieved through its fully internal, vertically integrated, full-service national management platform. Primaris is very well-capitalized and is exceptionally well positioned to take advantage of market opportunities at an extraordinary moment in the evolution of the Canadian retail property landscape.

TSX: PMZ.UN
www.primarisreit.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20231006528086/en/

For more information:

Alex Avery
Chief Executive Officer
416-642-7837
[email protected]

Rags Davloor
Chief Financial Officer
416-645-3716
[email protected]

Tim Pire
Chair of the Board of Trustees
[email protected]

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