Primaris Real Estate Investment Trust (PMREF)

OTCMKTS · Delayed Price · Currency is USD
11.00
0.00 (0.00%)
Aug 6, 2025, 8:00 PM EDT
Market Cap1.16B
Revenue (ttm)413.29M
Net Income (ttm)53.43M
Shares Outn/a
EPS (ttm)0.44
PE Ratio21.68
Forward PEn/a
Dividend0.61 (5.56%)
Ex-Dividend DateJul 31, 2025
Volume150
Average Volume218
Open11.00
Previous Close11.00
Day's Range11.00 - 11.00
52-Week Range9.70 - 12.17
Beta1.08
RSI48.81
Earnings DateJul 31, 2025

About PMREF

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 e... [Read more]

Industry REIT - Retail
Founded 2021
Country Canada
Stock Exchange OTCMKTS
Ticker Symbol PMREF
Full Company Profile

Financial Performance

In 2024, PMREF's revenue was 501.93 million, an increase of 22.13% compared to the previous year's 410.97 million. Earnings were 79.47 million, a decrease of -22.29%.

Financial numbers in CAD Financial Statements

News

Primaris Real Estate Investment Trust (PMREF) Q2 2025 Earnings Call Transcript

Primaris Real Estate Investment Trust (OTC:PMREF) Q2 2025 Earnings Conference Call July 31, 2025 10:00 AM ET Executives Alexander Danial Avery – Chief Executive Officer Patrick James Sullivan – Presid...

7 days ago - Seeking Alpha

Primaris REIT Announces Strong Q2/25; Increases 2025 Guidance

TORONTO--(BUSINESS WIRE)--Primaris Real Estate Investment Trust (“Primaris” or “the Trust”) (TSX: PMZ.UN) announced today financial and operating results for the second quarter ended June 30, 2025. Qu...

9 days ago - Business Wire

Primaris REIT Announces Distribution for July 2025

TORONTO--(BUSINESS WIRE)--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...

4 weeks ago - Business Wire

Primaris REIT Announces Financial Results Release Date, Webcast, and Conference Call

TORONTO--(BUSINESS WIRE)--Primaris Real Estate Investment Trust (“Primaris” or the “Trust”) (TSX: PMZ.UN) will be releasing its financial results for the quarter ended June 30, 2025, on Wednesday, Jul...

5 weeks ago - Business Wire

Primaris REIT Publishes Inaugural Green Finance Framework

TORONTO--(BUSINESS WIRE)--Primaris Real Estate Investment Trust ("Primaris") (TSX: PMZ.UN) announced today that it has published its inaugural Green Finance Framework (the “Framework”), under which it...

7 weeks ago - Business Wire

Primaris REIT Announces Distribution for June 2025

TORONTO--(BUSINESS WIRE)--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...

2 months ago - Business Wire

Primaris REIT Reiterates Guidance; Gains Control and Commences Repurposing of Five HBC Locations; Four Leases Subject to Bids

TORONTO--(BUSINESS WIRE)--Primaris Real Estate Investment Trust (“Primaris”, the “REIT” or the “Trust”) (TSX: PMZ.UN) announced today that it has received notice from the court-appointed monitor overs...

2 months ago - Business Wire

CORRECTING and REPLACING Primaris REIT Announces Distribution for May 2025

TORONTO--(BUSINESS WIRE)--First paragraph, second sentence of release dated May 7, 2025, should read: The distribution will be payable on June 16, 2025 to unitholders of record on May 30, 2025 (instea...

3 months ago - Business Wire

Primaris REIT Announces Distribution for May 2025

TORONTO--(BUSINESS WIRE)--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...

3 months ago - Business Wire

Primaris Real Estate Investment Trust (PMREF) Q1 2025 Earnings Call Transcript

Primaris Real Estate Investment Trust (OTC:PMREF) Q1 2025 Earnings Call May 1, 2025 8:30 AM ET Company Participants Claire Mahaney - Investor Relations Alex Avery - Chief Executive Officer Pat Sulliva...

3 months ago - Seeking Alpha

Primaris REIT Announces 2025 Annual General Meeting Voting Results

TORONTO--(BUSINESS WIRE)--Primaris Real Estate Investment Trust (“Primaris” or the “Trust”) (TSX: PMZ.UN) announced today that each of the trustee nominees listed in the management information circula...

3 months ago - Business Wire

Primaris REIT Announces Strong Q1/25; Reaffirms 2025 Guidance

TORONTO--(BUSINESS WIRE)--Primaris Real Estate Investment Trust (“Primaris” or “the Trust”) (TSX: PMZ.UN) announced today financial and operating results for the first quarter ended March 31, 2025. Qu...

3 months ago - Business Wire

Primaris REIT Announces Distribution for April 2025

TORONTO--(BUSINESS WIRE)--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...

4 months ago - Business Wire

Primaris REIT Announces AGM and Financial Results Release Date, Webcast, and Conference Call

TORONTO--(BUSINESS WIRE)--Primaris Real Estate Investment Trust (“Primaris” or the “Trust”) (TSX: PMZ.UN) will be releasing its financial results for the quarter ended March 31, 2025, on Wednesday, Ap...

4 months ago - Business Wire

Primaris REIT Announces $60 Million Disposition; HBC, NCIB, & Financing Updates

TORONTO--(BUSINESS WIRE)--Primaris Real Estate Investment Trust (“Primaris” or the “REIT”) (TSX: PMZ.UN) announced today significant progress on its disposition program that supports its capital recyc...

4 months ago - Business Wire

Canadian REITs: Can They Weather Tariff Uncertainty?

Impact of tariffs on Canada's REIT sector. What a recession might mean for REITs. Why Canadian REITs are trading at a discount vs. U.S. REITs.

4 months ago - Seeking Alpha

Primaris REIT Provides HBC Exposure Update

TORONTO--(BUSINESS WIRE)--Primaris Real Estate Investment Trust (“Primaris” or the “Trust”) (TSX: PMZ.UN) announces today its exposure to the Hudson's Bay Company ULC, the retailer Hudson's Bay and Th...

5 months ago - Business Wire

Primaris REIT Announces Distribution for March 2025

TORONTO--(BUSINESS WIRE)--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...

5 months ago - Business Wire

Primaris REIT Renews Normal Course Issuer Bid

TORONTO--(BUSINESS WIRE)--Primaris Real Estate Investment Trust (“Primaris” or “the Trust”) (TSX: PMZ.UN) announced today that it has received acceptance from the Toronto Stock Exchange (“TSX”) of Pri...

5 months ago - Business Wire

Primaris REIT Announces Successful $200 Million Unsecured Debenture Offering

TORONTO--(BUSINESS WIRE)--Primaris Real Estate Investment Trust (“Primaris” or the “Trust”) (TSX: PMZ.UN) announced today that it has priced a private placement (the “Offering”) of $200 million aggreg...

6 months ago - Business Wire

Primaris Real Estate Investment Trust (PMREF) Q4 2024 Earnings Call Transcript

Primaris Real Estate Investment Trust (OTC:PMREF) Q4 2024 Earnings Conference Call February 14, 2025 9:00 AM ET Company Participants Claire Mahaney – Vice President-Investor Relations and ESG Alex Ave...

6 months ago - Seeking Alpha

Primaris REIT Announces Strong Q4/24 and Full Year 2024 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...

6 months ago - Business Wire

Primaris REIT Announces Distribution for February 2025

TORONTO--(BUSINESS WIRE)--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...

6 months ago - Business Wire

Primaris REIT Announces Closing of $585 Million in Leading Enclosed Shopping Centre Acquisitions

TORONTO--(BUSINESS WIRE)--Primaris Real Estate Investment Trust (“Primaris” or the “Trust”) (TSX: PMZ.UN) announces that on Friday January 31, 2025 it closed the transaction, originally announced on J...

6 months ago - Business Wire

Primaris REIT Reschedules Financial Results Webcast and Conference Call

TORONTO--(BUSINESS WIRE)--Primaris Real Estate Investment Trust (“Primaris” or the “Trust”) (TSX: PMZ.UN) will be releasing its financial results for the quarter and year ended December 31, 2024, on T...

7 months ago - Business Wire