Primaris Real Estate Investment Trust (PMZ-UN.TO)

13.58 +0.09 (+0.67%) At close: 04:00PM EDT

Primaris Real Estate Investment Trust

26 Wellington Street East
Suite 2720 Brookfield Place
Toronto, ON M5J 2T3
Canada

https://www.primarisreit.com

Sector(s): Real Estate
Industry: REIT - Retail
Full Time Employees: 

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Alexander Danial Avery	Chief Executive Officer	1.62M	N/A	1978
Mr. Patrick James Sullivan	President, COO & Trustee	1.62M	N/A	1970
Mr. Raghunath Davloor C.A.	Chief Financial Officer	702.38k	N/A	1962
Mr. Mordecai Bobrowsky	Senior VP of Legal & Secretary	560.42k	N/A	N/A
Ms. Leslie Buist	Senior Vice President of Finance	560.42k	N/A	N/A
Ms. Shannon Claire Mahaney	Vice President of Investor Relations & ESG	N/A	N/A	N/A
Ms. Louise Sullivan	Vice President of People & Culture	N/A	N/A	N/A
Mr. Graham Thomas Procter	Senior Vice President of Asset Management	148.5k	N/A	N/A
Ms. Leigh Murray	Senior VP & Head of National Leasing	N/A	N/A	N/A
Joseph Vito Martino	Vice-President of Information Technology	N/A	N/A	N/A

Amounts are as of December 31, 2023 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in CAD.

Description

Primaris is Canada's only enclosed shopping centre focused REIT, with ownership interests primarily in leading enclosed shopping centres located in growing mid-sized markets. The current portfolio totals 12.5 million square feet valued at approximately $3.8 billion at Primaris' share. Economies of scale are achieved through its fully internal, vertically integrated, full-service national management platform. Primaris is very well-capitalized and is exceptionally well positioned to take advantage of market opportunities at an extraordinary moment in the evolution of the Canadian retail property landscape.

Corporate Governance

Primaris Real Estate Investment Trust’s ISS Governance QualityScore as of May 1, 2024 is 4. The pillar scores are Audit: 9; Board: 5; Shareholder Rights: 1; Compensation: 6.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.