Plaza Retail Reit announces February 2014 distribution

FREDERICTON, Feb. 18, 2014 /CNW/ - Plaza Retail REIT ("Plaza") (TSX:PLZ.UN) today announced its February 2014 monthly distribution in the amount of $0.02 per unit ($0.24 annualized).  The February distribution will be payable on March 17, 2014 to unitholders of record as at February 28, 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 333 properties totaling approximately 6.4 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 90% national tenants.

SOURCE Plaza Retail REIT

For further information:

on Plaza Retail REIT, visit our website at
www.plaza.ca
or contact: Michael Zakuta, President and Chief Executive Officer, at (514) 457-0997 or Floriana Cipollone, Chief Financial Officer, at (416) 848-4583