FREDERICTON, July 18, 2014 /CNW/ - Plaza Retail REIT ("Plaza") (TSX: PLZ.UN) today announced its July 2014 monthly distribution in the amount of $0.02 per unit ($0.24 annualized). The July distribution will be payable on August 15, 2014 to unitholders of record as at July 31, 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 329 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 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.