Plaza Retail REIT Announces August 2023 Distribution

FREDERICTON, NB, Aug. 17, 2023 /CNW/ - Plaza Retail REIT ("Plaza") (TSX: PLZ.UN) today announced its August 2023 monthly distribution in the amount of $0.02333 per unit ($0.28 annualized). The August distribution will be payable on September 15, 2023 to unitholders of record as at August 31, 2023.  

ABOUT PLAZA

Plaza is an open-ended real estate investment trust and is a leading retail property owner and developer, focused on Ontario, Quebec and Atlantic Canada. Plaza's portfolio at June 30, 2023 includes interests in 234 properties totaling approximately 8.8 million square feet across Canada and additional lands held for development. Plaza's portfolio largely consists of open-air centres and stand-alone small box retail outlets and is predominantly occupied by national tenants with a focus on the essential needs, value and convenience market segments. For more information, please visit www.plaza.ca.

SOURCE Plaza Retail REIT

Michael Zakuta, President & Chief Executive Officer, Plaza Retail REIT, Tel: [phone]; Jim Drake, Chief Financial Officer, Plaza Retail REIT, Tel: [phone]