Press Release: Primaris REIT Announces Distribution for May 2025

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Primaris REIT Announces Distribution for May 2025

TORONTO--(BUSINESS WIRE)--May 07, 2025--

Primaris Real Estate Investment Trust ("Primaris" or the "Trust") (TSX: PMZ.UN) announced today that its Board of Trustees has declared a distribution of $0.0717 per unit for the month of May 2025, representing $0.86 per unit on an annualized basis. The distribution will be payable on June 16, 2025 to unitholders of record on May 31, 2025.

About Primaris Real Estate Investment Trust

Primaris is Canada's only enclosed shopping centre focused REIT, with ownership interests in leading enclosed shopping centres located in growing Canadian markets. The current portfolio totals 14.2 million square feet, valued at approximately $4.5 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

View source version on businesswire.com: https://www.businesswire.com/news/home/20250507156729/en/

 
    CONTACT:    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

(END) Dow Jones Newswires

May 07, 2025 16:05 ET (20:05 GMT)

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The distribution will be payable on June 16, 2025 to unitholders of record on May 31, 2025. \n</p>\n<p>\n     About Primaris Real Estate Investment Trust \n</p>\n<p>\n     Primaris is Canada's only enclosed shopping centre focused REIT, with ownership interests in leading enclosed shopping centres located in growing Canadian markets. The current portfolio totals 14.2 million square feet, valued at approximately $4.5 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. \n</p>\n<p>\n     For more information:      TSX: PMZ.UN      www.primarisreit.com www.sedarplus.ca \n</p>\n<p>\n     View source version on businesswire.com: https://www.businesswire.com/news/home/20250507156729/en/ \n</p>\n<pre>\n \n    CONTACT:    Alex Avery \n</pre>\n<p>\n     Chief Executive Officer \n</p>\n<p>\n     416-642-7837 \n</p>\n<p>\n     aavery@primarisreit.com \n</p>\n<p>\n     Rags Davloor \n</p>\n<p>\n     Chief Financial Officer \n</p>\n<p>\n     416-645-3716 \n</p>\n<p>\n     rdavloor@primarisreit.com \n</p>\n<p>\n     Claire Mahaney \n</p>\n<p>\n     <a href=\"https://laohu8.com/S/VP..UK\">VP</a>, Investor Relations &amp; ESG \n</p>\n<p>\n     647-949-3093 \n</p>\n<p>\n     cmahaney@primarisreit.com \n</p>\n<p>\n     Timothy Pire \n</p>\n<p>\n     Chair of the Board \n</p>\n<p>\n     chair@primarisreit.com \n</p>\n<pre>\n \n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 07, 2025 16:05 ET (20:05 GMT)\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Press Release: Primaris REIT Announces Distribution for May 2025</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPress Release: Primaris REIT Announces Distribution for May 2025\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-05-08 04:05</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  Primaris REIT Announces Distribution for May 2025 \n</p>\n<pre>\nTORONTO--(BUSINESS WIRE)--May 07, 2025-- \n</pre>\n<p>\n     Primaris Real Estate Investment Trust (\"Primaris\" or the \"Trust\") (TSX: PMZ.UN) announced today that its Board of Trustees has declared a distribution of $0.0717 per unit for the month of May 2025, representing $0.86 per unit on an annualized basis. The distribution will be payable on June 16, 2025 to unitholders of record on May 31, 2025. \n</p>\n<p>\n     About Primaris Real Estate Investment Trust \n</p>\n<p>\n     Primaris is Canada's only enclosed shopping centre focused REIT, with ownership interests in leading enclosed shopping centres located in growing Canadian markets. The current portfolio totals 14.2 million square feet, valued at approximately $4.5 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. \n</p>\n<p>\n     For more information:      TSX: PMZ.UN      www.primarisreit.com www.sedarplus.ca \n</p>\n<p>\n     View source version on businesswire.com: https://www.businesswire.com/news/home/20250507156729/en/ \n</p>\n<pre>\n \n    CONTACT:    Alex Avery \n</pre>\n<p>\n     Chief Executive Officer \n</p>\n<p>\n     416-642-7837 \n</p>\n<p>\n     aavery@primarisreit.com \n</p>\n<p>\n     Rags Davloor \n</p>\n<p>\n     Chief Financial Officer \n</p>\n<p>\n     416-645-3716 \n</p>\n<p>\n     rdavloor@primarisreit.com \n</p>\n<p>\n     Claire Mahaney \n</p>\n<p>\n     <a href=\"https://laohu8.com/S/VP..UK\">VP</a>, Investor Relations &amp; ESG \n</p>\n<p>\n     647-949-3093 \n</p>\n<p>\n     cmahaney@primarisreit.com \n</p>\n<p>\n     Timothy Pire \n</p>\n<p>\n     Chair of the Board \n</p>\n<p>\n     chair@primarisreit.com \n</p>\n<pre>\n \n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 07, 2025 16:05 ET (20:05 GMT)\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CFA.SI","symbol_name":"NikkoAM-STC Asia REIT","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2533012966","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2533012966","pubTimestamp":1746648300,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Primaris Real Estate Investment Trust   announced today that its Board of Trustees has declared a distribution of $0.0717 per unit for the month of May 2025, representing $0.86 per unit on an annualized basis. The distribution will be payable on June 16, 2025 to unitholders of record on May 31, 2025.Primaris is Canada's only enclosed shopping centre focused REIT, with ownership interests in leading enclosed shopping centres located in growing Canadian markets. The current portfolio totals 14.2 million square feet, valued at approximately $4.5 billion at Primaris' share. Economies of scale are achieved through its fully internal, vertically integrated, full-service national management platform. 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The distribution will be payable on June 16, 2025 to unitholders of record on May 31, 2025. \n\n\n     About Primaris Real Estate Investment Trust \n\n\n     Primaris is Canada's only enclosed shopping centre focused REIT, with ownership interests in leading enclosed shopping centres located in growing Canadian markets. The current portfolio totals 14.2 million square feet, valued at approximately $4.5 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. \n\n\n     For more information:      TSX: PMZ.UN      www.primarisreit.com www.sedarplus.ca \n\n\n     View source version on businesswire.com: https://www.businesswire.com/news/home/20250507156729/en/ \n\n\n \n    CONTACT:    Alex Avery \n\n\n     Chief Executive Officer \n\n\n     416-642-7837 \n\n\n     aavery@primarisreit.com \n\n\n     Rags Davloor \n\n\n     Chief Financial Officer \n\n\n     416-645-3716 \n\n\n     rdavloor@primarisreit.com \n\n\n     Claire Mahaney \n\n\nVP, Investor Relations & ESG \n\n\n     647-949-3093 \n\n\n     cmahaney@primarisreit.com \n\n\n     Timothy Pire \n\n\n     Chair of the Board \n\n\n     chair@primarisreit.com \n\n\n \n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 07, 2025 16:05 ET (20:05 GMT)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}