Industry News, Trustworthy Insights

Popular Companies:

RBC Exclusive: Advisory on $325m Primaris Acquisition Explained

RBC has played a pivotal role as advisors in the recent acquisition by Primaris Real Estate Investment Trust (REIT) of Les Galeries de la Capitale, a leading regional shopping center in Quebec City, for $325 million.

RBC. PHOTO: Shutterstock
RBC. PHOTO: Shutterstock

This strategic move involves a payment mix of $170 million in cash, approximately 2.5 million REIT Units valued at about $55 million, and $100 million in 6.25% exchangeable preferred units.

These preferred units can be

Industry news used by professionals

Try £4.99 per month

Already a member?
Weekly Digest

All the week’s industry events straight to your inbox.

Before your sign up, please read terms of use and privacy policy.

Trending

FREE Weekly Newsletter

Trusted industry insights used by Professionals

By signing up you agree to our terms of use and privacy policy.

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors

Password Reset

You will soon receive a Reset Password link

FREE Weekly Newsletter

Trusted industry insights used by Professionals

By signing up you agree to terms of use and privacy policy.

Send us your article

popup

Maximum file size: 2.1MB

Start Over