Primaris Retail REIT buys 9 properties for $378M

Primaris Retail REIT has acquired nine properties in Alberta for $378 million. The transaction consists of two enclosed regional centers and five neighborhood shopping centers, a single-tenant retail property, an office building and close to 5 acres of land. The acquisition is part of the REIT's strategy of expanding its footprint in secondary markets.

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SCT Newswire · SNL Financial (free content) · Financial Post (Canada)

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