FREDERICTON, NB, June 17, 2025 /CNW/ - Plaza Retail REIT ("Plaza") (TSX: PLZ.UN) today announced its June 2025 monthly distribution in the amount of $0.02333 per unit ($0.28 annualized). The June distribution will be payable on July 15, 2025 to unitholders of record as at June 30, 2025.
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 March 31, 2025 includes interests in 211 properties totaling approximately 8.9 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 with a focus on the essential needs, value and convenience market segments. For more information, please visit www.plaza.ca.
FREDERICTON, NB, May 30, 2025 /CNW/ - Plaza Retail REIT ("Plaza") (TSX: PLZ.UN) is pleased to announce that all of the trustee nominees proposed for election in its management information circular dated April 15, 2025 were elected at Plaza's annual meeting of unitholders held on May 28, 2025 (the "Meeting"). The detailed results of the votes are as follows:
Candidate
Votes For
% For
VotesWithheld
% Withheld
Earl Brewer
24,757,314
95.76 %
1,097,333
4.24 %
Stephen Johnson
24,756,935
95.75 %
1,097,712
4.25 %
Jane Marshall
24,751,427
95.73 %
1,103,220
4.27 %
Doug McGregor
25,621,383
99.10 %
233,264
0.90 %
Lynda Savoie
25,504,118
98.64 %
350,529
1.36 %
Susan Taves
25,619,981
99.09 %
234,666
0.91 %
Michael Zakuta
25,628,327
99.12 %
226,320
0.88 %
FREDERICTON, NB, May 15, 2025 /CNW/ - Plaza Retail REIT ("Plaza") (TSX: PLZ.UN) today announced its May 2025 monthly distribution in the amount of $0.02333 per unit ($0.28 annualized). The May distribution will be payable on June 16, 2025 to unitholders of record as at May 30, 2025.
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 March 31, 2025 includes interests in 211 properties totaling approximately 8.9 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 with a focus on the essential needs, value and convenience market segments. For more information, please visit www.plaza.ca.
FREDERICTON, NB, May 7, 2025 /CNW/ - Plaza Retail REIT (TSX: PLZ.UN) ("Plaza" or the "REIT") today announced its financial results for the quarter ended March 31, 2025.
"We started the year with strong momentum, taking our ownership stake in Tacoma Plaza, a grocery and pharmacy anchored strip, from 50% to 100%" said Jason Parravano, President & CEO. "Conversion of approximately 40,000 square feet of space into grocery retail is also underway, unlocking about $1 million (~$600 thousand at our share) in incremental NOI once complete. We have also signed a new grocery store deal and are gearing up to break ground on excess land at one of our properties, which will add another ~$700 thousand in incremental NOI upon delivery, of which we have a 50% interest. These wins are a direct result of our focused, three-pillar strategy: optimize, intensify, and consolidate — and we are just getting started."
FREDERICTON, NB, April 23, 2025 /CNW/ - Plaza Retail REIT ("Plaza") (TSX: PLZ.UN) invites you to participate in a live conference call with senior management discussing Plaza's first quarter 2025 financial results on Thursday, May 8, 2025 at 10:00 am EDT (11:00 am ADT).
Plaza's financial statements and management's discussion and analysis for the quarter ended March 31, 2025 will be released prior to the call and will be made available on Plaza's website at www.plaza.ca in the Investor Relations section, and on SEDAR+ at www.sedarplus.ca.
FREDERICTON, NB, April 16, 2025 /CNW/ - Plaza Retail REIT ("Plaza") (TSX: PLZ.UN) today announced its April 2025 monthly distribution in the amount of $0.02333 per unit ($0.28 annualized). The April distribution will be payable on May 15, 2025 to unitholders of record as at April 30, 2025.
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 December 31, 2024 includes interests in 212 properties totaling approximately 8.8 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 with a focus on the essential needs, value and convenience market segments. For more information, please visit www.plaza.ca.
FREDERICTON, NB, March 17, 2025 /CNW/ - Plaza Retail REIT ("Plaza") (TSX: PLZ.UN) today announced its March 2025 monthly distribution in the amount of $0.02333 per unit ($0.28 annualized). The March distribution will be payable on April 15, 2025 to unitholders of record as at March 31, 2025.
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 December 31, 2024 includes interests in 212 properties totaling approximately 8.8 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 with a focus on the essential needs, value and convenience market segments. For more information, please visit www.plaza.ca.
FREDERICTON, NB, Feb. 26, 2025 /CNW/ - Plaza Retail REIT (TSX: PLZ.UN) ("Plaza" or the "REIT") today announced its financial results for the quarter and year ended December 31, 2024.
"Our 2024 results reflect record same-asset NOI growth and lease renewal spreads, and excellent occupancy rates" said Jason Parravano, President & CEO. "In addition, we have improved the quality and resilience of our portfolio with the completion of development projects and sale of non-core assets. Our portfolio, dominated by open-air essential needs and value retail properties, is well-positioned to withstand heightened macroeconomic uncertainty, and we are excited about the opportunities for our business."
FREDERICTON, NB, Feb. 18, 2025 /CNW/ - Plaza Retail REIT ("Plaza") (TSX: PLZ.UN) today announced its February 2025 monthly distribution in the amount of $0.02333 per unit ($0.28 annualized). The February distribution will be payable on March 17, 2025 to unitholders of record as at February 28, 2025.
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 September 30, 2024 includes interests in 218 properties totaling approximately 8.8 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 with a focus on the essential needs, value and convenience market segments. For more information, please visit www.plaza.ca.
FREDERICTON, NB, Feb. 3, 2025 /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 2024 financial results on Thursday, February 27, 2025 at 10:00 am EST (11:00 am AST).
Plaza's financial statements and management's discussion and analysis for the fourth quarter and year-ended December 31, 2024 will be released prior to the call and will be made available on Plaza's website at www.plaza.ca in the Investor Relations section, and on SEDAR+ at www.sedarplus.ca.
FREDERICTON, NB, Jan. 17, 2025 /CNW/ - Plaza Retail REIT ("Plaza") (TSX: PLZ.UN) today announced its January 2025 monthly distribution in the amount of $0.02333 per unit ($0.28 annualized). The January distribution will be payable on February 18, 2025 to unitholders of record as at January 31, 2025.
ABOUT PLAZAPlaza 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 September 30, 2024 includes interests in 218 properties totaling approximately 8.8 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 with a focus on the essential needs, value and convenience market segments. For more information, please visit www.plaza.ca.
FREDERICTON, NB, Dec. 16, 2024 /CNW/ - Plaza Retail REIT ("Plaza") (TSX: PLZ.UN) today announced its December 2024 monthly distribution in the amount of $0.02333 per unit ($0.28 annualized). The December distribution will be payable on January 15, 2025 to unitholders of record as at December 31, 2024.
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 September 30, 2024 includes interests in 218 properties totaling approximately 8.8 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 with a focus on the essential needs, value and convenience market segments. For more information, please visit www.plaza.ca.
FREDERICTON, NB, Nov. 15, 2024 /CNW/ - Plaza Retail REIT ("Plaza") (TSX: PLZ.UN) today announced its November 2024 monthly distribution in the amount of $0.02333 per unit ($0.28 annualized). The November distribution will be payable on December 16, 2024 to unitholders of record as at November 29, 2024.
ABOUT PLAZAPlaza 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 September 30, 2024 includes interests in 218 properties totaling approximately 8.8 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 with a focus on the essential needs, value and convenience market segments. For more information, please visit www.plaza.ca.
FREDERICTON, NB, Nov. 7, 2024 /CNW/ - Plaza Retail REIT (TSX: PLZ.UN) ("Plaza" or the "REIT") today announced its financial results for the three and nine months ended September 30, 2024.
"We are pleased with our Q3 results as we continue to achieve strong lease renewal spreads and same-asset NOI growth" said Michael Zakuta, President and CEO. "Our portfolio, dominated by open-air essential needs and value retail properties, continues to perform, and demand for our retail space remains strong. As interest rates decline, we also benefit from lower borrowing costs, which we anticipate will positively contribute to our results through the remainder of the year and into 2025."
FREDERICTON, NB, Oct. 21, 2024 /CNW/ - Plaza Retail REIT ("Plaza") (TSX: PLZ.UN) today announced its October 2024 monthly distribution in the amount of $0.02333 per unit ($0.28 annualized). The October distribution will be payable on November 15, 2024 to unitholders of record as at October 31, 2024.
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, 2024 includes interests in 225 properties totaling approximately 8.9 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 with a focus on the essential needs, value and convenience market segments. For more information, please visit www.plaza.ca.
FREDERICTON, NB, Oct. 18, 2024 /CNW/ - Plaza Retail REIT ("Plaza") (TSX: PLZ.UN) invites you to participate in a live conference call with senior management discussing Plaza's third quarter 2024 financial results on Friday, November 8, 2024 at 10:00 am EST (11:00 am AST).
Plaza's financial statements and management's discussion and analysis for the quarter ended September 30, 2024 will be released prior to the call and will be made available on Plaza's website at www.plaza.ca in the Investor Relations section, and on SEDAR+ at www.sedarplus.ca.
Jason Parravano to succeed Michael Zakuta as President & CEO; Michael Zakuta to continue to serve as Trustee
FREDERICTON, NB, Oct. 15, 2024 /CNW/ - Plaza Retail REIT ("Plaza" or the "Trust") (TSX: PLZ.UN) today announced that Jason Parravano will succeed Michael Zakuta as President & Chief Executive Officer of Plaza, effective January 2, 2025.
Jason Parravano, currently serving as the Trust's Chief Operating Officer, joined Plaza on January 8, 2024 and has provided leadership and vision in overseeing all of the Trust's day-to-day activities. He has immersed himself in the Plaza culture and led the teams responsible for all aspects of the Trust's portfolio, including investment, leasing, operations, asset management, development, redevelopment and construction activities. He has also played a leading role in shaping and coordinating the implementation of the Trust's strategy going forward.
FREDERICTON, NB, Sept. 18, 2024 /CNW/ - Plaza Retail REIT ("Plaza") (TSX: PLZ.UN) today announced its September 2024 monthly distribution in the amount of $0.02333 per unit ($0.28 annualized). The September distribution will be payable on October 15, 2024 to unitholders of record as at September 30, 2024.
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, 2024 includes interests in 225 properties totaling approximately 8.9 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 with a focus on the essential needs, value and convenience market segments. For more information, please visit www.plaza.ca.
FREDERICTON, NB, Aug. 21, 2024 /CNW/ - Plaza Retail REIT ("Plaza") (TSX: PLZ.UN) today announced its August 2024 monthly distribution in the amount of $0.02333 per unit ($0.28 annualized). The August distribution will be payable on September 16, 2024 to unitholders of record as at August 30, 2024.
ABOUT PLAZAPlaza 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, 2024 includes interests in 225 properties totaling approximately 8.9 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 with a focus on the essential needs, value and convenience market segments. For more information, please visit www.plaza.ca.
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