Summer Sale

50% off Premium Yearly

00days
00hrs
00mins
00secs

TSE:PMZ.UN

Primaris REIT (PMZ.UN.TO)

21.64
-0.01 (0.05%)
as of Aug 28, 2026, 8:00:00 pm Market Open.
65 watching
0
Investor Insights
star iconAug 30, 2026, 12:00 am

This summary was created by AI, based on 1 opinions in the last 12 months.

Primaris REIT, trading under the symbol PMZ.UN-T, has garnered positive reviews from various experts, positioning it as a strong pick in the challenging real estate sector. The current landscape is marked by difficulties stemming from trade dynamics and rising interest rates. Despite these challenges, experts highlight the attractive valuation of Primaris REIT, suggesting that it remains a compelling investment opportunity. Additionally, the REIT's strategy to monetize its real estate portfolio indicates a proactive approach to leveraging its assets effectively. Notably, there is potential for the company to capitalize on the market by listing the old Hudson's Bay square footage, further enhancing its position in the market.

consensus icon
Consensus
Positive
valuation icon
Valuation
Undervalued
review icon
Similar
Rexford, REXR
TOP PICK
Just reported and was in line with expectations. Lots of value creation historically and lots of value going forward. About 97% occupied. A lot of good things going on with this one. Selling at NAV, so it's cheap.
TOP PICK
Enclosed shopping centres. Not very cheap. Recently acquired big shopping centers in Burlington and Oakville Ontario and have upgraded them quite a bit. Chart looks good. Have always had one of the best balance sheets around.
BUY
Just bought Oakville place and also have Burlington Mall. He bought the convertible debenture. It’s attractive in that they financed it at a discount. There are 5 or so enclosed malls. Riocan is better if you are worried about the economy.
BUY
Going through a dynamic phase of positive change. In the Retail space, own shopping space, they were a big beneficiary of Target coming to Canada in the first round of announcements, solid management, have recently purchased.
TOP PICK
(A Top Pick April 28/10. Up 35.53%.) NAV is about $20.50 so you are buying for what the assets are worth and not pay for any upside or growth. Tons of upside. Lots of cash for accretive acquisitions. Great management.
PAST TOP PICK
(A Top Pick April 28/10. Up 31.04%.)
TOP PICK
Focused on indoor shopping centres and are highly occupied. A lot of its malls are anchored by Zellers, which will soon be Target (TGT-N) stores. Yield of about 6%.
PAST TOP PICK
(Top Pick Jan 19/10, Up 32.08%)
PAST TOP PICK
(Top Pick Jan 19/10, Up 27%) Core name, in closed malls around Canada. Payout ratio has come down decidedly. You could step into it at $19.
BUY
Good, solid, conservative, high-class strip malls. Good income.
BUY
Rumours of takeover are not correct. Great company. Purchased 3 assets recently and with their history they should do great things with them.
COMMENT
Chart shows a very positive upswing. Relatively conservative with one of the best balance sheets in the business. Distribution is solid. Good quality shopping centres in smaller communities. Might be getting a little pricey. Recently sold his holdings.
TOP PICK
Assembled a land parcel on Yonge Street in Toronto where they can potentially do some redeveloping and create significant value. Have done this successfully in the past.
TOP PICK
Retail REIT. Discount to net asset value (6-7%). Great balance sheet, ton of cash, finally deployed some recently, adding about $1 to the stock. Still have good cash balance. His Top, Top Pick.
HOLD
Retail REIT that is more focused on malls rather than big-box stores. One of the strongest balance sheets in the REITs. Valuation is quite reasonable relative to the rest of the group. Little more economically sensitive as the stores are more fashion oriented but bankruptcies have been relatively low to date.
Showing 31 to 45 of 65 entries