FREDERICTON, NB, Jan. 20, 2014 /CNW/ - Plaza Retail REIT ("Plaza") (TSX:
PLZ.UN) today announced a distribution in the amount of $0.04 per unit
to be paid on February 17, 2014 to unitholders of record as at January
31, 2014. This amount includes Plaza's January 2014 monthly
distribution of $0.02 per unit ($0.24 annualized) and a one-time
distribution of $0.02 per unit.
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 334 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
or contact: Michael Zakuta, President and Chief Executive Officer, at (514) 457-0997 or Floriana Cipollone, Chief Financial Officer, at (416) 848-4583.