Primaris REIT Announces Closing of $565 Million Acquisition of Promenades St-Bruno

TORONTO--(BUSINESS WIRE)--Primaris Real Estate Investment Trust ("Primaris†or the "Trust†) (TSX: PMZ.UN) announces that on Friday October 10, 2025 it closed on the transaction, originally announced on October 6, 2025, for the purchase of a 100% interest in Promenades St-Bruno in Montreal, Quebec from Cadillac Fairview (the "Acquisition†). The Acquisition, which was subject to customary closing conditions, all of which have been fulfilled or waived, was for aggregate consideration of $565.0 mil. ...