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Primaris Real Estate Investment Trust outlined growth targets through 2029, expecting average annual funds from operations growth of 4% to 8% and up to 8% annual distribution growth.
Primaris Real Estate Investment Trust said it is hosting an investor day in Montreal and replacing prior three-year growth targets with updated targets for fiscal 2027 to 2029. The targets include in-place occupancy of 96%, average annual same-properties cash NOI growth of 3% to 5%, and average annual FFO per unit grow