Primaris REIT Announces Strong Q4/23 and Full Year 2023 Results

TORONTO–(BUSINESS WIRE)– Primaris Real Estate Investment Trust (“Primaris” or “the Trust”) (TSX: PMZ.UN) announced today financial and operating results for the fourth quarter and year ended December 31, 2023. Quarterly Financial and Operating Results Highlights Annual Financial and Operating Results Highlights Business Update Highlights “Our business is performing very well with significant runway for internal growth over the next few years. As the largest owner operator of enclosed shopping centres in Canada, we enjoy several competitive advantages as we partner with retailers on multiple location leasing deals, building deeper and more collaborative relations,” said Patrick Sullivan, President and Chief Operating Officer. “The macro environment for malls, including declining supply of retail GLA, population growth, rising tenant sales and increasing tenant…

Source: StreetInsider.com
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