FREDERICTON, March 15, 2019 /CNW/ - Plaza Retail REIT ("Plaza") (TSX: PLZ.UN) today announced its March 2019 monthly distribution in the amount of $0.02333 per unit ($0.28 annualized). The March distribution will be payable on April 15, 2019 to unitholders of record as at March 29, 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 December 31, 2018 includes interests in 287 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 more information, please visit www.plaza.ca.
SOURCE Plaza Retail REIT
For further information: 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