# Primaris REIT Thrives in Canadian Mall Market

Page: https://stenobird.com/podcast/canada-news-today-2-min-news-the-daily-news-now-7590263/primaris-reit-thrives-in-canadian-mall-market
Text version: https://stenobird.com/podcast/canada-news-today-2-min-news-the-daily-news-now-7590263/primaris-reit-thrives-in-canadian-mall-market.md
Podcast: [Canada News Today | 2 Min News | The Daily News Now!](https://stenobird.com/podcast/canada-news-today-2-min-news-the-daily-news-now-7590263)
Published: 2026-05-12T17:01:33+00:00
Episode link: https://api.fastcast.ai/audio/7b777f6c-f657-4f87-92cf-9e67722f398e.mp3
Audio file: https://api.fastcast.ai/audio/7b777f6c-f657-4f87-92cf-9e67722f398e.mp3
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Duration seconds: 109

## Resource

Primaris REIT, Canadas largest enclosed mall owner, has seen remarkable growth over the past four years, acquiring top-performing shopping centers and transforming its portfolio. With a focus on high-productivity properties, the company has seen average sales productivity jump from $500 to over $800 per square foot. Primaris has also sold off weaker assets, recycling capital into fortress malls, with 65% of its portfolio being new since 2021. The companys strong performance and strategic acquisitions have positioned it as the go-to platform for retailers expanding across Canada, owning the top malls in key markets from Halifax to Kelowna. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/46dfd55cd6bc4267

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