Plaza Retail REIT T.PLZ.UN

Alternate Symbol(s): PAZRF

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 largely consists of open-air centers 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. The properties are indirectly held by Plaza through its subsidiaries and through joint arrangements. The Trust's portfolio consists of Alberta, Manitoba, New Brunswick, Newfoundland and Labrador, New Brunswick, Nova Scotia, Ontario, Prince Edward Island, and Quebec.

TSX:PLZ.UN - Post by User

Plaza Retail REIT

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Comment by GerryKayon Sep 27, 2019 8:04pm

147 Views

Post# 30172866

RE:@ $4.39

Finally, it's starting to move up. Possibly because of MRC taking a big position in PLZ. They most probably see value that most people ignore. Bought more today. Biggest position I now own (in # of shares, not value). Maybe MRC will take them out at some point. In the meantime, I love the divs and the fact that the company is well run. Also the CEO - Mr. Zakuta keeps buying shares on the open market (check out Canadian Insiders).

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