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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Post by yu174605on Jan 29, 2002 12:04pm

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Post# 4699515

Possible REIT structure??

There could be some good money to be made if they change over. REIT are valued much better on the market than regular real estate companies. They would probably have to do a share consolidation to get it into a reasonable range. This announcement definitely will draw some interest, if not from investors than from other reit's interested in growing their portfolio with a share exchange.

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