Bullboard - Stock Discussion Forum Plaza Retail REIT T.PLZ.UN

Alternate Symbol(s): PAZRF

Real Estate REIT - Retail

Plaza Retail REIT (Trust) is a Canada-based open-ended real estate investment trust. The Trust is a developer, owner and manager of retail real estate located primarily in Ontario, Quebec and Atlantic Canada. Its portfolio includes interests in approximately 225 properties totaling approximately 8.9 million square feet across Canada and additional lands held for development. Trust’s portfolio... see more

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Post by PressReleaseon Dec 19, 2023 12:00pm

New Press Release - Plaza Retail REIT Announces December 2023 Distribution

FREDERICTON, NB, Dec. 19, 2023 /CNW/ - Plaza Retail REIT ("Plaza") (TSX: PLZ.UN) today announced its December 2023 monthly distribution in the amount of $0.02333 per unit ($0.28 annualized). The December distribution will be payable on January 15, 2024 to unitholders of record as at December 29...read article.

Comment by Martincaton Dec 12, 2023 7:26am

RE:RE:RE:RE:RE:And down to 3.45

In my opinion, PLZ assets are greatly undervalued, and at some point, savvy investors will step in. In the meantime, I am happy to collect monthly distributions......JMHO!

Discussion

Comment by wkrpradioon Dec 11, 2023 7:33pm

RE:RE:RE:RE:And down to 3.45

Another possible explanation are people needing to raise cash due to mortage renewal rates. Those of us that are sitting on cash , have an opportunity, to load up while the price is right.

Discussion

Comment by Martincaton Dec 08, 2023 7:16am

RE:RE:RE:RE:And down to 3.45

I agree with your comments New Opportunist!

Discussion

Comment by NewOpportuniston Dec 07, 2023 1:54pm

RE:RE:RE:And down to 3.45

Me too, at 8%+ div yield, AFFO yield of close to 10% in Q3, payout ratio 83%, I'll put it into part of my REIT bucket and just happy to clip the monthly dividends ... I think this is also a prime ...more

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Comment by TimeTooSoaron Dec 07, 2023 10:09am

RE:RE:And down to 3.45

I'm in. Can't wait for developments to be added to income properties.

Discussion

Comment by incomedreamer11on Nov 29, 2023 11:57am

RE:And down to 3.45

Re-entered again today, Q3 results showed some improvement with AFFO payout and development financing.We have support from insiders ,distribution looks safe for now, maybe in tax-loss season we may ...more

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Post by McStockfaceon Nov 27, 2023 10:14am

Plaza Retail REIT Taps Jason Parravano as COO

Plaza Retail REIT said Thursday that it has appointed Jason Parravano as its new chief operating officer, effective Jan. 8. Before joining the Canadian REIT, Parravano was chief finance of the ...more

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Comment by McStockfaceon Nov 22, 2023 11:37am

RE:Notable CC notes on asset dispositions

Not sure if any of this is good at this point lol

Discussion

Post by McStockfaceon Nov 22, 2023 10:42am

And down to 3.45

Crazy times...

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Post by EstevanOutsideron Nov 15, 2023 3:45am

Notable CC notes on asset dispositions

- non core assets $28M - low 5s cap rates - recycled into higher yielder deevlopments - improevment in quality portfolio growth - exceeded ifrs nav by over 15% - high demand, surprised ...more

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Post by PressReleaseon Oct 19, 2023 2:01pm