Primaris Sells Northland for $154 Million, Advancing Capital Recycling Strategy
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
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Source: Yahoo Finance
- Successful Asset Disposition: On December 19, 2025, Primaris completed the sale of Northland Village and Northland Professional Centre in Calgary for $154 million, demonstrating its strategic execution in capital recycling, which is expected to enhance financial flexibility further.
- Debt Repayment Strategy: A portion of the proceeds from this transaction will be used to fully repay a $100 million unsecured bilateral non-revolving term facility, thereby reducing financial costs and optimizing the capital structure to ensure the REIT remains competitive in future investments.
- Credit Facility Extension: Primaris extended the term of its $600 million unsecured revolving credit facility to January 4, 2029, achieving a 0.15% reduction in the interest rate, which will further enhance its financing capacity and lower interest expenses.
- Sustained Growth Outlook: Despite the asset disposition, Primaris maintains its guidance for 2025 and 2026, indicating confidence in future market opportunities and the continued leverage of its management platform's competitive advantages.
WMT
$112.6+Infinity%1D
Analyst Views on WMT
Wall Street analysts forecast WMT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for WMT is 121.92 USD with a low forecast of 108.00 USD and a high forecast of 130.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
26 Analyst Rating
26 Buy
0 Hold
0 Sell
Strong Buy
Current: 114.360
Low
108.00
Averages
121.92
High
130.00
Current: 114.360
Low
108.00
Averages
121.92
High
130.00
About WMT
Walmart Inc. is a technology-powered omnichannel retailer. The Company is engaged in the operation of retail and wholesale stores and clubs, as well as eCommerce Websites and mobile applications, located throughout the United States (U.S.), Africa, Canada, Central America, Chile, China, India and Mexico. It operates in three reportable segments: Walmart U.S., Walmart International and Sam's Club U.S. The Walmart U.S. segment includes the Company's mass merchandising concept in the U.S., as well as eCommerce, which includes omni-channel initiatives and certain other business offerings such as advertising services. The Walmart International segment consists of the Company's operations outside of the U.S. through its subsidiaries, as well as eCommerce and omni-channel initiatives. The Sam's Club U.S. segment includes the warehouse membership clubs in the U.S., as well as samsclub.com and omni-channel initiatives.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
