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Primaris REIT Announces $565 Million Acquisition of Promenades St-Bruno; Raises Guidance; and Launches REIT Unit Offering
Globenewswire·2025-10-06 20:23

The base shelf prospectus is accessible, and the shelf prospectus supplement will be accessible within two business days through SEDAR+ TORONTO, Oct. 06, 2025 (GLOBE NEWSWIRE) -- Primaris Real Estate Investment Trust (“Primaris” or the “REIT” or the “Trust”) (TSX: PMZ.UN) announced today that it has agreed to acquire a 100% interest in Promenades St-Bruno in Montreal, Quebec from Cadillac Fairview (the “Vendor”) for aggregate consideration of $565.0 million, to be satisfied by a combination of cash and equi ...