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Primaris REIT buying Halifax shopping complex for $370 million

  • Primaris will pay $200 million in cash, $45 million in series A units, and $125 million in exchangeable preferred units to acquire the Halifax Shopping Centre and the Annex. The deal is expected to close on Nov. 30.
  • The Halifax Shopping Centre is an enclosed shopping centre with tenants including Sport Chek, Zara, Apple, and Aritzia.
  • The Annex, which sits adjacent to the mall, is also included in the deal.
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Winnipeg Free Press broke the news in Winnipeg, Canada on Monday, November 20, 2023.
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