Plaza Retail REIT announces resignation of Kevin Salsberg

FREDERICTON, June 2, 2016 /CNW/ - Plaza Retail REIT ("Plaza") (TSX: PLZ.UN) today announced the resignation of Kevin Salsberg, Executive Vice-President & Chief Investment Officer.  Mr. Salsberg has accepted a position with another publicly-traded Canadian real estate entity. 

Michael Zakuta, President and CEO of Plaza said: "On behalf of everyone at Plaza I want to thank Kevin for his contributions over the past 3 years.  We all wish him well as he embarks on the next stage of his career."

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 300 properties totaling approximately 7.1 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

For more information, please visit www.plaza.ca or contact: Floriana Cipollone, Chief Financial Officer, Kim Sharpe, Director of Business Development, Plaza Retail REIT Plaza Retail REIT, Tel: [phone] Tel: [phone]