Primaris REIT Completes $411 Million Acquisition of Upper Canada Mall
Primaris REIT closed its $411 million cash acquisition of Upper Canada Mall in Newmarket, Ontario, on October 15, 2026. The REIT also agreed to sell its 50% managing interest in Cataraqui Centre in Kingston, Ontario, for $41.8 million. Closing is expected by January 6, 2027, with net proceeds earmarked for debt repayme