Plaza Retail REIT (PLZ-UN.TO)
Plaza Retail REIT operates in the REIT - Retail industry of the Real Estate sector, headquartered in Fredericton, NB, CA. The stock last traded at $5.29, up 0.19% on the session, giving a market capitalisation of $584.4M. Its beta of 0.79 implies it has historically moved less than the broad market.
Plaza, an open-ended real estate investment trust, stands as a prominent owner and developer of retail properties, concentrating its efforts primarily in Ontario, Quebec, and Atlantic Canada. As of September 30, 2020, its substantial portfolio encompassed interests in 272 properties, totaling roughly 8.6 million square feet throughout Canada, alongside additional land parcels earmarked for development. This collection of assets largely consists of open-air shopping centers and individual small-format retail locations, predominantly leased to national tenants.
Plaza Retail REIT is most often compared with the following Real Estate names: