Primaris acquires Halifax Shopping Centre, Annex for $370 million

Company

Primaris Real Estate Investment Trust

Law Firm / Organization
Blake, Cassels & Graydon LLP

Company

Cushman & Wakefield Asset Services Inc.

Law Firm / Organization
Cushman & Wakefield Asset Services Inc.

Primaris Real Estate Investment Trust completed the purchase of Halifax Shopping Centre and the Annex in Halifax, Nova Scotia in a deal valued at $370 million.

The Halifax Shopping Centre was operated by Cushman & Wakefield Asset Services Inc., on behalf of OPB Realty Inc., a real estate arm of the Ontario Pension Board.

Desjardins Capital Markets, TD Securities and CBRE Canada acted as advisors to Primaris REIT.

Merger & Acquisition
Infrastructure
$ 370,000,000
Closed
30 November 2023