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Quebec's Largest Pension Fund Selling Mall Southwest of Toronto for $270 Million

Transformative Deal for Primaris REIT Will See it Acquire Conestoga Mall in Waterloo
Primaris REIT has agreed to buy Conestoga Mall in Waterloo for $270 million. (CoStar)
Primaris REIT has agreed to buy Conestoga Mall in Waterloo for $270 million. (CoStar)
CoStar News
June 21, 2023 | 9:32 P.M.

Quebec's largest pension fund is selling a regional mall in Kitchener, about 110 kilometres southwest of Toronto, in a deal that would see Ivanhoé Cambridge take a stake in Primaris Real Estate Investment Trust.

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