TSX:PMZ.UNRetail REITs
What Primaris Real Estate Investment Trust (TSX:PMZ.UN)'s Anchor Space Reclamation and Payout Update Means For Shareholders
Primaris Real Estate Investment Trust recently reported that it has regained full control of 1.3 million square feet of former Hudson’s Bay Company anchor space and 0.5 million square feet of former Sears space across its Canadian mall portfolio, while also declaring a monthly cash distribution of $0.07333 per unit for December 2025.
The update highlights how reclaiming these historically low-rent, low-traffic department store boxes enables Primaris to pursue higher-value leasing and...