FREDERICTON, April 15, 2014 /CNW/ - Plaza Retail REIT ("Plaza") (TSX: PLZ.UN) today announced its April 2014 monthly distribution in the amount of $0.02 per unit ($0.24 annualized). The April distribution will be payable on May 15, 2014 to unitholders of record as at April 30, 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 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.