Primaris REIT

Retail Insider “Real Estate & Leasing Report”: Scarcity and Curation Reshape Canadian Retail

Lee Rivett -
Retail Insider's latest Real Estate & Leasing Report examines how limited retail space, selective investment, and redevelopment strategies are reshaping Canada's commercial property market, with growing performance gaps between prime retail assets and secondary centres.

Retail Insider “Consumer Behavior & Retail Economy Report”: Canada’s Market Grows Increasingly Divided

Lee Rivett -
Retail Insider's latest Consumer Behavior and Retail Economy Report examines how affordability pressures, selective spending, retail real estate polarization, and widening differences between value and premium segments are reshaping Canada's retail landscape and influencing strategic decisions across the industry.

Walmart Takes Former Hudson’s Bay Space at Place d’Orléans

Craig Patterson -
Walmart Canada will open a 115,500-square-foot Supercentre in the former Hudson's Bay store at Place d'Orléans in Ottawa, providing an early example of Primaris REIT's strategy to repurpose former HBC spaces with new anchors.

Primaris Looks to Unlock Up to $375 Million from Excess Mall Lands

Craig Patterson -
Primaris REIT says its excess mall lands could be worth up to $375 million as the company evaluates more than 100 acres for potential residential, hotel and seniors housing development.

From The Desk: Strategic Brick-and-Mortar Growth and Consumer Caution Shape Canadian Retail

Craig Patterson -
Strong Canadian retailer expansions coexist with cautious consumers amid evolving experiential retail, supply challenges, and shifting workforce dynamics.

Primaris Reshapes Canada’s Enclosed Mall Sector

Craig Patterson -
Primaris has transformed into one of Canada’s most influential mall owners through acquisitions of dominant regional shopping centres.

Daily Synopsis: May 5, 2026

Retail Insider -
RioCan shifts strategy in tight retail market, pickleball and other uses come to Canadian 'dead malls', counterfeit bills a concern for retailers in Windsor, pasta concept coming to Lonsdale Quay, and other news.

Primaris REIT Repurposing Malls After Hudson’s Bay Closures

Craig Patterson -
Primaris REIT is repurposing former Hudson’s Bay stores, turning anchor closures into a strategy to reshape Canadian shopping centres.

Kildonan Place announces $30-million redevelopment and new zero waste food court (Renderings)

Mario Toneguzzi -
This project reflects the centre’s ongoing commitment to offering a welcoming, modern, and community‑focused environment for shoppers and tenants.

Primaris REIT announces “strong” Q4 and full year 2025 results

Mario Toneguzzi -
Primaris significantly augmented its portfolio in 2025 recycling capital with $1.6 billion of leading enclosed shopping centre acquisitions, and $400 million of non‑core dispositions.

Primaris Completes $154M Northland Village Sale in Calgary

Lee Rivett -
Primaris REIT sells Northland Village and its office component in Calgary for $154 million as part of its 2025 capital recycling strategy.

Primaris REIT announces $565 Million acquisition of Promenades St-Bruno shopping centre

Mario Toneguzzi -
Primaris is Canada’s only enclosed shopping centre focused REIT, with ownership interests in leading enclosed shopping centres located in growing Canadian markets.

Conestoga Mall announces several new store openings

Mario Toneguzzi -
Conestoga Mall, located in Waterloo, ON, offers its 7.4 million annual visitors a range of experiences all under one roof whether its shopping at 130+ stores and services

Primaris REIT reports strong tenant demand across its portfolio

Mario Toneguzzi -
Primaris is Canada’s only enclosed shopping centre focused REIT, with ownership interests in leading enclosed shopping centres located in growing Canadian markets.

Primaris Acquires CF Lime Ridge in Hamilton for $416M

Craig Patterson -
Primaris REIT has acquired CF Lime Ridge Mall in Hamilton for $416 million from Cadillac Fairview. The deal boosts the REIT's national footprint and unlocks leasing opportunities.

Primaris Takes Control of 5 Disclaimed Hudson’s Bay Stores

Craig Patterson -
Primaris REIT gains control of five disclaimed Hudson’s Bay stores, unlocking redevelopment potential and transforming over 500,000 sq. ft. of retail space.

Primaris REIT announces “strong” Q1/25

Mario Toneguzzi -
Primaris is Canada’s only enclosed shopping centre focused REIT, with ownership interests in leading enclosed shopping centres located in growing Canadian markets.

Leyad Buys St. Albert Centre Amid HBC Exit and Redevelopment Plans

Lee Rivett -
Leyad acquires St. Albert Centre for $60M as Hudson's Bay plans closure, signalling a potential redevelopment under new ownership.

Primaris REIT reports strong Q4 and annual results, expands portfolio

Mario Toneguzzi -
Primaris is Canada’s only enclosed shopping centre focused REIT, with ownership interests in leading enclosed shopping centres located in growing Canadian markets.

Primaris REIT Acquires Southgate and Oshawa Centres for $585M

Maya Johnson -
Primaris REIT expands its portfolio with $585M acquisitions of Southgate Centre in Edmonton and Oshawa Centre in Ontario, boosting growth potential.

Conestoga Mall Adds New Stores and Events in Growing Waterloo

Craig Patterson -
Conestoga Mall in Waterloo introduces new retailers and cultural events, strengthening its role as a regional shopping and community hub.

Primaris REIT to acquire Les Galeries de la Capitale for $325 million

Craig Patterson -
Primaris REIT expands its portfolio with the $325 million acquisition of Les Galeries de la Capitale, one of Quebec City’s largest and most prominent shopping centres.

Peter Pond Mall in Fort McMurray Sees New Retail Tenants and High Sales Productivity Growth [Interview]

Mario Toneguzzi -
The affluent area has propelled retail sales at the two-level downtown mall to over 30% higher than they were in 2019, prior to the pandemic, with record-breaking sales at a recent Sephora store opening.

Primaris REIT Set to Acquire Conestoga Mall in Waterloo Ontario [Interview]

Mario Toneguzzi -
Primaris says it is bullish on the Canadian retail market as it looks to grow its portfolio with leading centres.

State-of-the-Art Digital Signage to be Installed in Primaris REIT Shopping Centres [Interview]

Mario Toneguzzi -
The double-sided portrait screens are intended to create a better visitor experience while driving engagement and increasing dwell time while drawing data insights.
- Advertisement -