FREDERICTON, Dec. 16, 2019 /CNW/ - Plaza Retail REIT ("Plaza") (TSX: PLZ.UN) today announced its December 2019 monthly distribution in the amount of $0.02333 per unit ($0.28 annualized). The December distribution will be payable on January 15, 2020 to unitholders of record as at December 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 September 30, 2019 includes interests in 275 properties totaling approximately 8.5 million square feet across Canada and additional lands held for development. Plaza's properties include a mix of open-air centres, stand-alone small box retail outlets and enclosed shopping centres, anchored by approximately 91% national tenants. For more information, please visit www.plaza.ca.
SOURCE Plaza Retail REIT
For further information: Kim Sharpe, Director of Business Development, Tel: 506.476.4855