Plaza Retail REIT (T:PLZ.UN)
Business Focus: Retail REITs
Mixed as of May 01, 2024
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Insider Filings
Latest 10 SEDI filings for PLZ within the last 6 months
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Company News
May 24, 2024 14:00 ET
Plaza Retail REIT Announces the Election of its Board of Trustees
FREDERICTON, NB, May 24, 2024 /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 8, 2024 were elected at Plaza's annual and special meeting of unitholders held on May 23, 2024 (the "Meeting"). The detailed results of the votes are as follows:
May 16, 2024 13:30 ET
Plaza Retail REIT Announces May 2024 Distribution
FREDERICTON, NB, May 16, 2024 /CNW/ - Plaza Retail REIT ("Plaza") (TSX: PLZ.UN) today announced its May 2024 monthly distribution in the amount of $0.02333 per unit ($0.28 annualized). The May distribution will be payable on June 17, 2024 to unitholders of record as at May 31, 2024.
Valuation Ratios
Industry
Sector
Beta
--
--
--
Price to Sales - TTM
3.39
3.16
3.81
Price to Book - most recent quarter
0.71
0.87
1.13
Price to Cash Flow per share - TTM
--
8.45
9.42
Price to Free Cash Flow per share - TTM
29.33
36.01
17.51
Short Report
| Date | Number of Shares Shorted | Net Change |
|---|---|---|
| May 15, 2024 | 570,470 | 1,233 |
| Apr 30, 2024 | 569,237 | -5,142 |
| Apr 15, 2024 | 574,379 | 307 |
Business Summary
| Sector: Real Estate | Industry: Commercial REITs |
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 234 properties totaling approximately 8.8 million square feet across Canada and additional lands held for development. The properties are indirectly held by Plaza through its subsidiaries and through joint arrangements. Its 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 Trust's portfolio consists of Alberta, Manitoba, New Brunswick, Newfoundland and Labrador, New Brunswick, Nova Scotia, Ontario, Prince Edward Island, and Quebec.
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