Primaris Q2 FY26 FFO per unit rises 1.3% to C$ 0.451; revenue climbs to C$ 174.1 million

Reuters2026/07/29 20:07

By:Reuters

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Primaris Real Estate Investment Trust posted a net loss of CAD 13.68 million, swinging from profit, as rental revenue climbed to CAD 174.1 million.
FFO (non-GAAP) per average diluted unit rose 1.3% to CAD 0.451; Cash NOI (non-GAAP) increased to CAD 96.96 million.
Committed occupancy edged up 0.6 percentage point to 91.1%, while in-place occupancy fell 2.2 percentage points to 86.6%.
Closed CAD 99.5 million of non-core dispositions; bought the remaining 50% of Regent Mall for CAD 64 million.
Reaffirmed 2026 FFO (non-GAAP) per unit guidance of CAD 1.85 to CAD 1.90; management cited “exceptionally strong” tenant demand.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Primaris Real Estate Investment Trust published the original content used to generate this news brief via Business Wire (Ref. ID: 202607291601BIZWIRE_USPR_____20260729_BW633075) on July 29, 2026, and is solely responsible for the information contained therein.

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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Primaris Q2 FY26 FFO per unit rises 1.3% to C$ 0.451; revenue climbs to C$ 174.1 million

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