Primaris Real Estate Investment Trust

PMZ.UN

CA74167K1093

Commercial REITs

Market Closed - Toronto S.E. Other stock markets 01:30:00 14/05/2024 am IST			5-day change	1st Jan Change
13.7 ^CAD	+0.22%		-0.72%	-0.72%

07/05	Primaris Real Estate Investment Trust Declares for the Month of May 2024, Payable on June 17, 2024	CI
02/05	Primaris Real Estate Investment Trust Announces Board Changes	CI

Primaris Real Estate Investment Trust Provides Distribution Guidance for the Year 2024

November 03, 2023 at 02:30 am IST

Primaris Real Estate Investment Trust provided distribution guidance for the year 2024. The company approved a distribution increase in 2024 of +2.4%, from $0.82 to $0.84 per Trust Unit per annum.

Latest news about Primaris Real Estate Investment Trust

Primaris Real Estate Investment Trust Declares for the Month of May 2024, Payable on June 17, 2024	08/05	CI
Primaris Real Estate Investment Trust Announces Board Changes	03/05	CI
Transcript : Primaris Real Estate Investment Trust, Q1 2024 Earnings Call, May 02, 2024	02/05
Primaris REIT Brief: Raises 2024 FFO per average diluted unit guidance to $1.61-$1.64 from $1.60-$1.63	02/05	MT
Primaris REIT Brief: Q1 $119.2 million total rental revenue and 5.2% Lift In Fund from Operations per average diluted unit growth to $0.388	02/05	MT
Primaris Real Estate Investment Trust Reports Earnings Results for the First Quarter Ended March 31, 2024	02/05	CI
Primaris Real Estate Investment Trust Declares Distribution for the Month of April 2024, Payable on May 15, 2024	09/04	CI
Primaris REIT Reports Opening of Simons at Halifax Shopping Centre	22/03	MT
Primaris Real Estate Investment Trust Announces Opening of Simons At Halifax Shopping Centre	21/03	CI
Primaris Real Estate Investment Trust Announces Distribution for March 2024, Payable on April 15, 2024	08/03	CI
Primaris REIT Renewing Normal Course Issuer Bid	07/03	MT
DBRS Confirms Credit Ratings on Primaris Real Estate Investment Trust	07/03	MT
Primaris REIT Brief: Renewing Normal Course Issuer Bid	07/03	MT
Transcript : Primaris Real Estate Investment Trust, Q4 2023 Earnings Call, Feb 15, 2024	15/02
Tranche Update on Primaris Real Estate Investment Trust (TSX:PMZ.UN)'s Equity Buyback Plan announced on March 7, 2023.	15/02	CI
Primaris Real Estate Investment Trust Reports Earnings Results for the Full Year Ended December 31, 2023	15/02	CI
Primaris REIT Brief:Reporting $113.8 Million total rental revenue For Q4	15/02	MT
Primaris Real Estate Investment Trust Announces Distribution for February 2024, Payable on March 15, 2024	08/02	CI
Primaris Real Estate Investment Trust Declares Distribution for the Month of January 2024, Payable on February 15, 2024	09/01	CI
Primaris REIT Upsized Unsecured Revolving Credit Facility to $600 Million	23/12	MT
Primaris Real Estate Investment Trust Enters into Agreement to Upsize its $400 Million Revolving Credit Facility to $600 Million	23/12	CI
Primaris REIT Announces Distribution for December 2023, Payable on January 15, 2024	08/12	CI
Primaris Real Estate Investment Trust (TSX:PMZ.UN) completed the acquisition of Halifax Shopping Centre and the Annex in Halifax, Nova Scotia.	30/11	CI
Primaris REIT Brief: Units Rated Outperform With a C$15.50 Target at National Bank After Conestoga Mall Tour; National Calls It "An Increasingly Relevant Enclosed Mall Owner"	24/11	MT
Primaris Real Estate Investment Trust announced that it has received CAD 299.999996 million in funding	22/11	CI

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Primaris Real Estate Investment Trust is a Canada-based company, which operates as an enclosed shopping center-focused real estate investment trust (REIT). The Company owns and manages 35 retail properties aggregating approximately 11.4 million square feet, including 22 enclosed shopping centers totaling approximately 9.8 million square feet and 13 unenclosed shopping center and mixed-use properties aggregating approximately 1.6 million square feet. Its 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, Northland Village, Orchard Park Shopping Centre, Park Place Mall, Peter Pond Mall, Place dâOrleans, Place du Royaume, Quinte Mall, Regent Mall, Sherwood Park Mall, Sunridge Mall, and St. Albert Centre. The Company also owns Conestoga Mall in Waterloo, Ontario.

Sector

Commercial REITs

Calendar

29/05/2024 - Desjardins Chicago REIT Conference

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

13.7 CAD

Average target price

16.61 CAD

Spread / Average Target

+21.22%

Consensus

Quarterly revenue - Rate of surprise

Company calendar

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