Maroc - REITREPORT.CA - A La Une - 10/07/2024 03:01

Primaris REIT Announces Distribution for July 2024

TORONTO--(BUSINESS WIRE)--Primaris Real Estate Investment Trust (“Primaris” or the “Trust”) (TSX: PMZ.UN) announced today that its Board of Trustees has declared a distribution of $0.07 per unit for the month of July 2024, representing $0.84 per unit on an annualized basis. The distribution will be payable on August 15, 2024 to unitholders of record on July 31, 2024. About Primaris Real Estate Investment Trust Primaris is Canada’s only enclosed shopping centre focused REIT, with ownership interests primarily in leading enclosed shopping centres located in growing mid-sized markets. The portfolio totals 39 properties, or 12.5 million square feet valued at approximately $3.8 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. For more information: TSX: PMZ.UN www.primarisreit.com www.sedarplus.ca Contacts Alex Avery Chief Executive Officer 416-642-7837 aavery@primarisreit.com Rags Davloor Chief Financial Officer 416-645-3716 rdavloor@primarisreit.com Claire Mahaney VP, Investor Relations & ESG 647-949-3093 cmahaney@primarisreit.com Timothy Pire Chair of the Board chair@primarisreit.com The post Primaris REIT Announces Distribution for July 2024 appeared first on REIT REPORT.