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Primaris REIT Raises CA$230.2 Million in a Bought-Deal Unit Offering

Primaris REIT Raises CA$230.2 Million in a Bought-Deal Unit Offering

MT newswireMT newswire2026/09/22 15:11
11:11 AM EDT, 09/22/2026 (MT Newswires) -- Primaris Real Estate Investment Trust (PMZ-UN.TO) on Tuesday said it closed its closed a bought-deal offering of units that raised CA$230.21 million. The REIT sold underwriters 11.4-million units at CA$20.20 each, including the full exercise of their 1.5-million unit over-allotment option. Proceeds are earmarked for acquisitions and for general trust purposes. The REIT's units were last seen up CA$0.10, or 0.5% to CA$21.27 on the Toronto Stock Exchange. Price: 21.27, Change: +0.10, Percent Change: +0.47
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