• Primaris set new performance targets for fiscal 2027-2029, replacing its prior three-year targets that ran through 2027.
• In-place occupancy targeted at 96%, versus 86.6% at June 30, 2026; management flagged near-term focus on leasing up.
• Average annual same-properties cash NOI growth forecast at 3%-5%, up from the prior 3%-4% target range.
• Average annual fully diluted FFO per unit growth expected at 4%-8%; average annual distribution growth also targeted at 4%-8%.
• Plan assumes more than $500 million of dispositions, more than $300 million of capital spending, net debt-to-adjusted EBITDA of 5.0x-6.0x.

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: 20261007971890) on October 07, 2026, and is solely responsible for the information contained therein.