/NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES/ FREDERICTON, Feb. 21, 2018 /CNW/ – Plaza Retail REIT (“Plaza” or the “REIT”) (TSX: PLZ.UN) announced today that it has closed its previously announced bought deal public offering (the “Offering”) of $47,250,000 aggregate principal amount of 5.10% convertible unsecured subordinated debentures due… [Read More]

FREDERICTON, Feb.16, 2018 /CNW/ – Plaza Retail REIT (“Plaza”) (TSX: PLZ.UN) today announced its February 2018 monthly distribution in the amount of $0.0233 per unit ($0.28 annualized). The February distribution will be payable on March 15, 2018 to unitholders of record as at February 28, 2018.     Under Plaza’s Distribution Reinvestment Plan (“DRIP”) unitholders are able… [Read More]

− 5% average increase in lease rates drives enhanced cash flow for the REIT − FREDERICTON, Feb. 8, 2018 /CNW/ – Plaza Retail REIT (TSX: PLZ.UN) (“Plaza” or the “REIT”) today announced it has finalized lease renewals on 150,000 square feet or 62 sites with its two primary KFC operators. Stand-alone KFC restaurants are the REIT’s… [Read More]

FREDERICTON, Feb. 1, 2018 /CNW/ – Plaza Retail REIT (TSX: PLZ.UN) (“Plaza” or the “REIT”) today announced that it has increased its interest in each of two Moncton-area plazas from 10% to 50%, with a Canadian pension fund buying the other 50% on a co-ownership basis. Both properties were previously co-owned with Plaza through two retail… [Read More]

FREDERICTON, Jan. 18, 2018 /CNW/ – Plaza Retail REIT (“Plaza”) (TSX: PLZ.UN) today announced its January 2018 monthly distribution in the amount of $0.0233 per unit ($0.28 annualized).  The January distribution will be payable on February 15, 2018 to unitholders of record as at January 31, 2018.     Under Plaza’s Distribution Reinvestment Plan (“DRIP”) unitholders are… [Read More]

FREDERICTON, Jan. 16, 2018 /CNW/ – Plaza Retail REIT (“Plaza”) (TSX: PLZ.UN) invites you to participate in a live conference call with senior management discussing Plaza’s year end 2017 financial results on Monday, February 26, 2018 at 10:00am EST (11:00am AST).  Plaza’s financial statements and management’s discussion and analysis for the quarter and year ended December… [Read More]

̶  REIT capitalizes on the changing retail landscape by acquiring second property formerly tenanted by Sears Canada   Ì¶ FREDERICTON, Jan. 11, 2018 /CNW/ – Plaza Retail REIT (TSX: PLZ.UN) (“Plaza” or the “REIT”) today announced that it has acquired a prime retail property in Brockville, Ontario for $14.0 million. The 1000 Islands Mall property, previously… [Read More]

FREDERICTON, Dec. 18, 2017 /CNW/ – Plaza Retail REIT (“Plaza”) (TSX: PLZ.UN) today announced its December 2017 monthly distribution in the amount of $0.0225 per unit ($0.27 annualized).  The December distribution will be payable on January 15, 2018 to unitholders of record as at December 29, 2017. Under Plaza’s Distribution Reinvestment Plan (“DRIP”) unitholders are… [Read More]

FREDERICTON, Dec. 14, 2017 /CNW/ – Plaza Retail REIT (“Plaza or the “REIT”) (TSX: PLZ.UN) today announced that it has sold a 50% non-managing interest in eight retail properties in New Brunswick and Nova Scotia to a syndicated group of investors for total proceeds of $17.3 million, including cash proceeds of $7.3 million and assumption of… [Read More]

̶  Acquisition of former Sears store in Saguenay seen as first of multiple opportunities  ̶ FREDERICTON, Dec. 12, 2017 /CNW/ – Plaza Retail REIT (TSX: PLZ.UN) (“Plaza” or the “REIT”) today announced that it has closed the previously announced acquisition of a 50% interest in a prime retail property in Saguenay, Quebec for $3.25 million. The… [Read More]

FREDERICTON, Nov. 20, 2017 /CNW/ – Plaza Retail REIT (“Plaza”) (TSX: PLZ.UN) today announced its November 2017 monthly distribution in the amount of $0.0225 per unit ($0.27 annualized). The November distribution will be payable on December 15, 2017 to unitholders of record as at November 30, 2017.     Under Plaza’s Distribution Reinvestment Plan (“DRIP”) unitholders are… [Read More]

Continued strategy of growth allows for 15th annual distribution increase FREDERICTON, Nov. 9, 2017 /CNW/ – Plaza Retail REIT (TSX: PLZ.UN) (“Plaza” or the “REIT”) today announced that its Board of Trustees has approved an increase in its annual distribution to unitholders to $0.28 per unit, representing a 3.7% increase.  Plaza also announced its financial results… [Read More]