Plaza Retail REIT announces January 2015 distribution

FREDERICTON, NB, Jan. 20, 2015 /CNW/ - Plaza Retail REIT ("Plaza") (TSX: PLZ.UN) today announced its January 2015 monthly distribution in the amount of $0.020833 per unit ($0.25 annualized).  The January distribution will be payable on February 16, 2015 to unitholders of record as at January 30, 2015.

Plaza is an open-ended real estate investment trust and is a leading retail property owner and developer, particularly in Eastern Canada.  Plaza's current portfolio includes interests in 309 properties totaling approximately 6.6 million square feet across Canada and additional lands held for development.  Plaza's properties include a mix of strip plazas, stand-alone small box retail outlets and enclosed shopping centres, anchored by approximately 90% national tenants.

SOURCE Plaza Retail REIT

For more information on Plaza Retail REIT, visit our website at www.plaza.ca or contact: Michael Zakuta, President and Chief Executive Officer, at [phone] or Floriana Cipollone, Chief Financial Officer, at [phone].