FREDERICTON, May 15, 2019 /CNW/ - Plaza Retail REIT ("Plaza") (TSX: PLZ.UN) today announced its May 2019 monthly distribution in the amount of $0.02333 per unit ($0.28 annualized). The May distribution will be payable on June 17, 2019 to unitholders of record as at May 31, 2019.
Plaza is an open-ended real estate investment trust and is a leading retail property owner and developer, focused on Ontario, Quebec and Atlantic Canada. Plaza's portfolio at March 31, 2019 includes interests in 285 properties totaling approximately 8.2 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 further information: please visit www.plaza.ca.
SOURCE Plaza Retail REIT
Renseignements: Floriana Cipollone, Chief Financial Officer, Plaza Retail REIT, Tel: 416.848.4583; Kim Sharpe, Director of Business Development, Plaza Retail REIT, Tel: 506.476.4855