FREDERICTON, Aug. 19, 2016 /CNW/ - Plaza Retail REIT ("Plaza") (TSX: PLZ.UN) today announced its August 2016 monthly distribution in the amount of $0.02167 per unit ($0.26 annualized). The August distribution will be payable on September 15, 2016 to unitholders of record as at August 31, 2016.
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 7.6 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.
For more information, please visit www.plaza.ca or contact:
SOURCE Plaza Retail REIT
For further information: Floriana Cipollone, Chief Financial Officer, Plaza Retail REIT, Tel: 416.848.4583; Kim Sharpe, Director of Business Development, Plaza Retail REIT, Tel: 506.357.7901