Plaza Retail REIT Announces October 2020 Distribution

Oct 15, 2020

FREDERICTON, NB, Oct. 15, 2020 /CNW/ - Plaza Retail REIT ("Plaza") (TSX: PLZ.UN) today announced its October 2020 monthly distribution in the amount of $0.02333 per unit ($0.28 annualized).  The October distribution will be payable on November 16, 2020 to unitholders of record as at October 30, 2020.    

ABOUT PLAZA

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 June 30, 2020 includes interests in 272 properties totaling approximately 8.4 million square feet across Canada and additional lands held for development. Plaza's portfolio largely consists of open-air centres and stand-alone small box retail outlets and is predominantly occupied by national tenants.  For more information, please visit www.plaza.ca.

SOURCE Plaza Retail REIT

For further information: Michael Zakuta, President & Chief Executive Officer, Plaza Retail REIT, Tel: 514.457.7007; Jim Drake, Chief Financial Officer, Plaza Retail REIT, Tel: 902.483.4064