FREDERICTON, Feb. 17, 2015 /CNW/ – Plaza Retail REIT (“Plaza”) (TSX: PLZ.UN) today announced its February 2015 monthly distribution in the amount of $0.020833 per unit ($0.25 annualized). The February distribution will be payable on March 16, 2015 to unitholders of record as at February 27, 2015.
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 308 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