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Primaris Q3 2026 net income falls 30% year over year to CAD 28.43 million
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Primaris Q3 2026 net income falls 30% year over year to CAD 28.43 million
  • Primaris REIT’s third-quarter 2026 non-GAAP FFO per diluted unit rose 6% year over year to CAD 0.468.
  • Non-GAAP cash net operating income climbed 10% year over year to CAD 98.57 million.
  • The annual distribution will increase 6% to CAD 0.93 per unit, effective December 31, 2026.
  • Upper Canada Mall was acquired for CAD 411 million in cash on October 15, 2026.
  • For 2027, guidance calls for non-GAAP FFO per fully diluted unit of CAD 1.93–1.99.


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: 20261028005678) on October 28, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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