• Situated on approximately 900 acres of land
• Located close to major transportation nodes and transit
• Broad zoning permitting a wide range of issues beyond retail

Development activity to include a combination of:

Annual development spend of up to $60 – $70 million

• Intensification
• Existing building expansion and reconfiguration
• Outparcel development

• Target development yields in the 7.0% range
• Ability to fund development activity internally given high cash retention

Primaris’ enclosed mall portfolio comprised of 23 assets nationwide

• $600 million intensification and redevelopment of Dufferin Mall’s northernmost parking area

• Redevelopment of 4 acres at north end of Dufferin Mall

• Over 1,200 residential rental units (including 120 affordable units) and 130,000 sf of new retail space

• Direct proximity to Dufferin Station on the TTC’s Bloor Line
• Construction will not impact existing mall operations

  –Enhancement of retail offerings with new additional retail space

• Located at the corner of Crowchild Tr. NW and Shaganappi Tr. NW 
• Approx. 380,000 sf of retail and services
• Anchored by Walmart, Winners, Best Buy, and GoodLife
• 229 rental residential units on site 
• Retail spaces available between 1,100 sf 30,000 sf 
• Open: Walmart, Winners, GoodLife, Best Buy, Alberta Health Services, CIBC, A&W, McDonalds 
• Timing: 
  • Phase I: 2023 
  • Phase II: 2025