Plaza Retail REIT Announces May 2023 Distribution
May 18, 2023
FREDERICTON, NB, May 18, 2023 /CNW/ - Plaza Retail REIT ("Plaza") (TSX: PLZ.UN) today announced its May 2023 monthly distribution in the amount of $0.02333 per unit ($0.28 annualized). The May distribution will be payable on June 15, 2023 to unitholders of record as at May 31, 2023.
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 March 31, 2023 includes interests in 246 properties totaling approximately 8.8 million square feet across Canada, as well as 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, with a focus on the essential needs, value and convenience market segments. 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: 514.919.5041; Jim Drake, Chief Financial Officer, Plaza Retail REIT, Tel: 902.483.4064