Plaza Retail REIT announces March 2014 distribution

FREDERICTON, March 17, 2014 /CNW/ - Plaza Retail REIT ("Plaza") (TSX: PLZ.UN) today announced its March 2014 monthly distribution in the amount of $0.02 per unit ($0.24 annualized).  The March distribution will be payable on April 15, 2014 to unitholders of record as at March 31, 2014.  

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 332 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 89% 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].