Plaza Retail REIT Announces March 2024 Distribution

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Plaza Retail REIT

Mar 18, 2024, 15:30 ET

FREDERICTON, NB, March 18, 2024 /CNW/ - Plaza Retail REIT ("Plaza") (TSX: PLZ.UN) today announced its March 2024 monthly distribution in the amount of $0.02333 per unit ($0.28 annualized). The March distribution will be payable on April 15, 2024 to unitholders of record as at March 28, 2024.

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 December 31, 2023 included interests in 232 properties totaling approximately 8.9 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 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: 514.919.5041; Jim Drake, Chief Financial Officer, Plaza Retail REIT, Tel: 902.483.4064

Organization Profile

Plaza Retail REIT

Plaza Retail REIT is a leading retail property owner and developer, focused on Ontario, Quebec and Atlantic Canada, with total assets of +/- $1.0 billion. Plaza's properties include a mix of strip plazas, stand-alone small box retail outlets and enclosed shopping centres,...