Exceptionally well positioned to participate in the recovery of the Canadian enclosed shopping center industry
The scale and strength of the Primaris platform combined with its unique financial model provides significant flexibility and capacity to both self-fund our strategy, and positions us well to pursue investment opportunities.
Alex Avery, Chief Executive Officer
Primaris is Canada’s only enclosed shopping centre focused REIT, with ownership interests primarily in the leading enclosed shopping centres in growing markets. The portfolio totals 12.5 million square feet, valued at approximately $3.8 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.
Throughout its 20-year history, Primaris held itself socially accountable to its stakeholders and the public. By practicing corporate social responsibility ("CSR"), Primaris was conscious of the social, environmental and economic impacts of its operations and made concerted efforts to operate in ways that enhanced rather than degraded society and the environment.
A combination of diverse expertise and knowledge makes up our leadership team. They bring to the table experience from real estate, banking, accounting and much more.