Primaris
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Real Estate · Canada · 201-500 Employees

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Overview

Headquarters

26 Wellington St E Suite 400, Toronto, O...

Phone Number

(416) 642-7800

Revenue

$338.6 Million

Stock Symbol

PMZ.UN

Industry

Real Estate
ZI Rank: 5
Signal Type
Mar
Apr
May
Jun
Jul
Aug
ZI Rank
9
5
3
4
3
5

About Primaris

Primaris is a diversified real estate investment trust, owning and developing multiple properties. Primaris was founded in 2003, and is based in Ontario, Canada.Explore more
Primaris's Social MediaPopular SearchesPrimarisPrimaris Management IncPrimaris Real Estate Investment TrustPrimaris Retail Real Estate Investment TrustPrimaris ManagementSIC Code 67,679NAICS Code 53,531Ticker TSX: PMZ.UNShow more

Primaris Org Chart

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RD
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Chief Financial Officer

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PS
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President & Chief Operating Officer

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LB
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Senior VP, Finance

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SO
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Vice President, Finance

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CM
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Sustainability Vice President, Investor Relat...

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WC
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Vice President, Appraisal & Investments

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Company Name

Revenue

Number of Employees

Type

Funding

Founded In

Top Executive

Primaris

$338.6M
201-500
Public
-
2003
RD
Rags DavloorChief Financial Officer
$1.2B
1K - 5K
Private
-
1954
DK
Douglas KautenProperty Accounting Controller
$174.7M
501-1,000
Private
-
1993
GW
Glenn WayPresident
$24.7M
201-500
Private
-
2009
WB
Wayne BurnsCorporate Controller
$13.4M
51-200
Private
-
1985
$7.7M
51-200
Private
-
2000
JM
Josh McKenzieVice President
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Company Profile Activity

i

Among all Real Estate companies

Low Activity

High Activity

Activity Insights

Primaris is experiencing very low activity levels compared to other companies in the Real Estate sector.

What does this means?

Primaris is drawing exceptional interest within the Real Estate industry, suggesting notable developments or strong market momentum, learn more about Primaris.

Primaris Tech Stack

A closer look at the technologies used by Primaris

Most Recent Scoops

Hiring Plans
Primaris has more open roles in Finance than it has had at any time in the past 12 months. Areas of expertise include: Accounting, Tax Accounting, Commercial Real Estate, Indirect Tax, Compliance Implementation, Use Tax, and Account Reconciliation.
Hiring Plans
Earnings
Primaris has reported Q2 2026 leasing activity of 109 lease renewals across 482,000 square feet, with CRU leasing spreads of 5.8% and 7.4% for the overall portfolio, and 51 new deals encompassing 213,000 square feet completed during the quarter. New CRU leases were signed at a weighted average net rent of $52.20 per square foot, with average CRU rents in the portfolio rising to $50.69 per square foot as at Q2 2026, up from $42.02 per square foot at the end of 2022.
Real Estate, Leasing
Earnings
Primaris has reported FFO per diluted unit of 45.1 cents for the quarter, an increase of 1.3% compared to the same quarter last year, despite approximately $1.9 million in terminated transaction costs, $0.4 million of lower prior tax recoveries, and $1 million of lost rent from disclaimed HBC leases. Excluding the terminated transaction costs and the prior tax recovery impact, FFO per unit growth was 5.4% year-over-year.
Earnings, Finance, Tax
Earnings
Primaris has reported all-store sales volume of $3.5 billion and sales per square foot of $825 for the 12-month period ending May 2026. Notable increases were realized at Orchard Park, where sales volume rose 10% to $220 million, and at Halifax Shopping Centre, where sales volume rose 8% to $300 million, with Conestoga Mall now producing over $200 million in sales volume following significant leasing activity.
Earnings, Sales, Finance
Earnings
Business Finance, Finance, Financing & Debt
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Primaris News & Media

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Frequently Asked Questions Regarding Primaris

What is Primaris's stock symbol?
Primaris's stock symbol is PMZ.UN
What is Primaris's official website?
Primaris's official website is www.primarisreit.com
What is Primaris's Revenue?
Primaris's revenue is $338.6 Million
What is Primaris's SIC code?
Primaris's SIC: 67,679
What is Primaris's NAICS code?
Primaris's NAICS: 53,531
How many employees does Primaris have?
Primaris has 201-500 employees
What industry does Primaris belong to?
Primaris is in the industry of: Real Estate
What is Primaris competition?
Primaris top competitors include: GGP, Colonnade BridgePort, GWL Realty Advisors, Northam Realty Advisors Limited
What companies has Primaris acquired?
Primaris has acquired the companies: Primaris, Conestoga Mall, Les Galeries de la Capitale
What technology does Primaris use?
Some of the popular technologies that Primaris uses are: Freshservice, Zingfit, iCIMS, Cloudflare Website Optimization
Who is the CFO of Primaris?
Primaris's CFO is Rags Davloor
What does Primaris do?

Primaris is a diversified real estate investment trust, owning and developing multiple properties. Primaris was founded in 2003, and is based in Ontario, Canada.... Read More

What are Primaris social media links?
Primaris Linkedin page
Is Primaris a public company?
Yes, Primaris is a public company and is traded under the symbol PMZ.UN
See more information about Primaris

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