Thread: Halifax Retail
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  #2506  
Old Posted Nov 20, 2023, 4:50 PM
DyAm00394 DyAm00394 is offline
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Join Date: Sep 2017
Location: Saint John, N.B
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Primaris REIT is buying Halifax Shopping Centre and the Annex for $370 million. Deal closes on November 30th, 2023.

https://investors.primarisreit.com/n...hCZYRfty9PuPNs

Looks like they are expanding their presence in Atlantic Canada. They currently manage McAllister Place in Saint John NB, and Regent Mall in Fredericton NB. There is also mention in their press release of multiple discussions for further acquisitions. I can see them wanting to buy up all the bigger malls here in Atlantic Canada over the next few years.
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