Plaza Retail REIT Announces July 2023 Distribution

FREDERICTON, NB, July 18, 2023 /CNW/ - Plaza Retail REIT ("Plaza") (TSX: PLZ.UN) today announced its July 2023 monthly distribution in the amount of $0.02333 per unit ($0.28 annualized). The July distribution will be payable on August 15, 2023 to unitholders of record as at July 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  March 31, 2023 includes interests in 246 properties totaling approximately 8.8 million square feet across Canada, as well as 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]