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Plaza Retail REIT announces March 2017 distribution
Plaza Retail REIT announces March 2017 distribution Canada NewsWire FREDERICTON,...
About this update from Plaza Retail Reit
[{"type":"text","content":"\n\n\n\nPlaza Retail REIT announces March 2017 distribution\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nFREDERICTON, March 17, 2017\n\n\n\nFREDERICTON, March 17, 2017 /CNW/ - Plaza Retail REIT (\"Plaza\") (TSX: PLZ.UN) today announced its March 2017 monthly distribution in the amount of $0.0225 per unit ($0.27 annualized).  The March distribution will be payable on April 17, 2017 to unitholders of record as at March 31, 2017.    \n\nUnder Plaza's Distribution Reinvestment Plan (\"DRIP\") unitholders are able to reinvest distributions in additional units at a 3% discount.  Units purchased under the DRIP are not subject to the payment of brokerage commissions.  Units will be valued at the weighted average closing price on the previous 5 trading days. \n\nPlaza 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 298 properties totaling approximately 7.8 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 91% national tenants.  \n\n \nSOURCE Plaza Retail REIT\n\n\n\nTo view the original version on PR Newswire, visit: http://www.newswire.ca/en/releases/archive/March2017/17/c1942.html\n\n\n\n\nPlease visit www.plaza.ca or contact: Floriana Cipollone, Chief Financial Officer, Plaza Retail REIT, Tel: 416.848.4583; Kim Sharpe, Director of Business Development, Plaza Retail REIT, Tel: 506.357.7901Copyright CNW Group 2017","length":2766,"tagName":"div"}]