Primaris REIT Announces $411 Million Acquisition of Leading GTA Shopping Centre, Upper Canada Mall

TORONTO — Primaris Real Estate Investment Trust (“Primaris” or the “REIT”) (TSX: PMZ.UN) announced today that it has agreed to acquire a 100% interest in Upper Canada Mall in Newmarket, Ontario for $411 million, to be satisfied in cash (the “Acquisition”). The Acquisition further advances Primaris’ strategy of acquiring market-leading enclosed shopping centres in growing […]