Primaris Real Estate Investment Trust · TSX:PMZ.UN
Primaris Real Estate Investment Trust — Merger or Acquisition (September 2024)
14 slides from Primaris Real Estate Investment Trust's merger presentation, Sep 25, 2024
Slide 1: Les Galeries de la Capitale
Les Galeries de la Capitale Market Leading Regional Shopping Centre in Quebec City September 25, 2024
Slide 2: Forward-Looking Statements and Future Oriented Financial Information
Forward-Looking Statements and Future Oriented Financial Information Certain statements included in this presentation constitute ‘‘forward-looking information’’ or “forward-looking statements” within the meaning of applicable securities laws. The words “will”, CAUTION “expects”, “plans”, "estimates"
Slide 3: Primaris Has Identified High Quality Target Assets
Primaris Has Identified High Quality High Quality Target Assets in Growing Target Assets Target Markets Sources: ICSC Canada Mall Property Performance Report, 2023. 3
Slide 4: Target: Leading Shopping Centres in Growing Mid-Sized Markets
Target: Leading Shopping Centres in Growing Mid-Sized Markets Canada’s only enclosed shopping centre REIT • Primaris targets market-leading enclosed shopping centres in growing mid-sized markets that are the largest retail centres in their diverse and growing trade areas, connected to mass transit a
Slide 5: Les Galeries de la Capitale
Les Galeries de la Capitale • Leading regional enclosed shopping centre in the high growth market of Quebec City, QC • Located at the intersection of Highways 40/73 and 740 - excellent accessibility and visibility with over 4,100 feet of expansive frontage on Boulevards Lebourgneuf and des Galeries.
Slide 6: Acquisition Deal Structure Overview
Acquisitions further demonstrate Primaris as an attractive buyer for Canadian pension fund vendors of market leading Canadian Acquisition Deal Structure Overview shopping centres Halifax Shopping Centre Conestoga Mall Les Galeries de la Capitale (in millions of Canadian dollars unless Complex otherw
Slide 7: Shopping Centre Overview
Les Galeries de la Capitale adds to Primaris' Leading Regional Shopping Centre Overview Shopping Centre Portfolio Total CRU Same Store GLA at Share Property Name Location Sales Volume Sales 1 2 Site Coverage 1 (SF) (thous) (thous) Productivity Les SF 1 Halifax Shopping Centre Halifax, NS $266,668 $1
Slide 8: Major Insights: Quebec City, QC
Growing population with strong demographic trends driven by attractive relative cost of living and stable employment Major Insights: Quebec City, QC opportunities - Population • Quebec City expected to grow 6.6% over the next 10 years Employment • Substantial public sector presence given its status
Slide 9: Major Insights: Quebec City, QC
Major Insights: Quebec City, QC Stable and diversified economy Economy • Real GDP of $39.97B in 2023 declined compared to 2022 partially due to postponed investments, Quebec Real GDP Growth decreased consumption, and a challenging year for several sectors as a result of elevated interest rates. • Ke
Slide 10: Site Plan
Site Plan 3 PE reorerivourune oh Des Galeries Boulevard ears, "Galeries de la Capi © “RIC Bus Terminet
Slide 11: Halifax Shopping Centre Complex
Arial Halifax Shopping Centre Complex
Slide 12: Trade Area: Halifax Shopping Centre Complex
Trade Area Halifax Shopping Centre Complex
Slide 13: Slide 13
Slide 14: Les Galeries de la Capitale
Les Galeries de la Capitale Leading Regional Shopping Centre in Quebec City September 25, 2024
Primaris Real Estate Investment Trust — Merger or Acquisition (September 2024) on 6ix