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Primaris Real Estate Investment Trust
TSX:PMZ.UN

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Primaris Real Estate Investment Trust
TSX:PMZ.UN
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Price: 15.84 CAD 4.62%
Market Cap: 1.6B CAD
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Primaris Real Estate Investment Trust
Note Receivable

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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Primaris Real Estate Investment Trust
Note Receivable Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Note Receivable CAGR 3Y CAGR 5Y CAGR 10Y
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Primaris Real Estate Investment Trust
TSX:PMZ.UN
Note Receivable
CA$52.6m
CAGR 3-Years
70%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Choice Properties Real Estate Investment Trust
TSX:CHP.UN
Note Receivable
CA$606m
CAGR 3-Years
20%
CAGR 5-Years
9%
CAGR 10-Years
52%
CT Real Estate Investment Trust
TSX:CRT.UN
Note Receivable
N/A
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
RioCan Real Estate Investment Trust
TSX:REI.UN
Note Receivable
CA$489.7m
CAGR 3-Years
27%
CAGR 5-Years
18%
CAGR 10-Years
10%
First Capital Real Estate Investment Trust
TSX:FCR.UN
Note Receivable
CA$159.7m
CAGR 3-Years
57%
CAGR 5-Years
14%
CAGR 10-Years
N/A
SmartCentres Real Estate Investment Trust
TSX:SRU.UN
Note Receivable
CA$189.8m
CAGR 3-Years
-21%
CAGR 5-Years
-9%
CAGR 10-Years
0%
No Stocks Found

Primaris Real Estate Investment Trust
Glance View

Market Cap
1.5B CAD
Industry
Real Estate

Primaris Real Estate Investment Trust stands tall in the realm of retail real estate, weaving a compelling narrative of strategic focus and operational expertise. Born out of a keen understanding of Canadian commercial landscapes, Primaris centers its operations on acquiring, managing, and developing retail properties, notably major enclosed shopping malls. This focus allows it to capitalize on consistent foot traffic, deriving revenue from both rental income from its diverse tenant base and ancillary activities like parking and advertising within its properties. By optimizing tenant mix and enhancing the shopping experience, Primaris ensures that its properties remain attractive destinations for shoppers, thereby maintaining steady occupancy levels and rental growth. The company's success is intricately tied to its adeptness in financial management and property enhancement. Through proactive property management and capital recycling initiatives, Primaris ensures that underperforming assets are divested while value-enhancing investments are made into promising properties. This strategy not only maximizes returns but also fortifies its portfolio against market fluctuations. Furthermore, Primaris leverages its scale to negotiate favorable lease agreements and secure cost efficiencies. As it continues to expand its footprint across Canada, the REIT remains committed to its core philosophy—solidifying its position in the retail sector while delivering sustainable returns to its investors.

PMZ.UN Intrinsic Value
22.37 CAD
Undervaluation 29%
Intrinsic Value
Price
P

See Also

What is Primaris Real Estate Investment Trust's Note Receivable?
Note Receivable
52.6m CAD

Based on the financial report for Dec 31, 2023, Primaris Real Estate Investment Trust's Note Receivable amounts to 52.6m CAD.

What is Primaris Real Estate Investment Trust's Note Receivable growth rate?
Note Receivable CAGR 3Y
70%

Over the last year, the Note Receivable growth was 3%. The average annual Note Receivable growth rates for Primaris Real Estate Investment Trust have been 70% over the past three years .

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