FREDERICTON, May 19, 2015 /CNW/ – Plaza Retail REIT (“Plaza”) (TSX:PLZ.UN) today announced its May 2015 monthly distribution in the amount of $0.020833 per unit ($0.25 annualized). The May distribution will be payable on June 15, 2015 to unitholders of record as at May 29, 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 306 properties totaling approximately 6.7 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