FREDERICTON, Jan. 3, 2012 /CNW/ - Plazacorp Retail Properties Ltd.
(TSXV: PLZ) announced today that its Board of Directors has declared
its regular quarterly cash dividend of $0.05375 per common share to be
paid on February 15, 2012 to all common shareholders of record on
January 17, 2012.
For income tax purposes the full amount of this dividend is an eligible
Plazacorp acquires, develops and redevelops unenclosed and enclosed
retail real estate throughout Atlantic Canada, Quebec and Ontario,
which are predominantly occupied by national tenants (approximately 90%
of the total). The Company's portfolio at September 30, 2011 includes
interests in 112 properties totaling over 5.1 million square feet and
additional lands held for development. These include properties
directly held by Plazacorp, its subsidiaries and through joint
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in policies of the TSX Venture Exchange ) accepts
responsibility for the adequacy or accuracy of this release.
SOURCE PLAZACORP RETAIL PROPERTIES LTD.
For further information:
visit our website at
Or contact: Michael Zakuta, President and CEO at (514) 457- 0997 or Floriana Cipollone, CFO at (416)848-4583