Plaza Retail REIT announces officer appointment

FREDERICTON, Oct. 25, 2016 /CNW/ - Plaza Retail REIT ("Plaza") (TSX: PLZ.UN) is pleased to announce that Peter Mackenzie has been appointed Executive Vice-President and Chief Investment Officer (CIO), commencing January 1, 2017.  Mr. Mackenzie will be primarily focused on property acquisitions, divestitures, specific leasing initiatives and sourcing development/redevelopment projects.

Michael Zakuta, President and CEO of Plaza said: "We are very pleased to have someone of Peter's caliber and reputation join Plaza's team of seasoned retail leasing and development professionals."

ABOUT PLAZA
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 297 properties totaling approximately 7.6 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 91% national tenants. 

SOURCE Plaza Retail REIT

please visit www.plaza.ca or contact: Michael Zakuta, President & Chief Executive Officer, Plaza Retail REIT, Tel: [phone] ext. 228; Kim Sharpe, Director of Business Development, Plaza Retail REIT, Tel: [phone]