Primaris Q3 2026 net income falls 30% year over year to CAD 28.43 million
Bitget2026/10/28 20:52- Primaris REIT’s third-quarter 2026 non-GAAP FFO per diluted unit rose 6% year over year to CAD 0.468.
- Non-GAAP cash net operating income climbed 10% year over year to CAD 98.57 million.
- The annual distribution will increase 6% to CAD 0.93 per unit, effective December 31, 2026.
- Upper Canada Mall was acquired for CAD 411 million in cash on October 15, 2026.
- For 2027, guidance calls for non-GAAP FFO per fully diluted unit of CAD 1.93–1.99.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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