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Fast Facts

Corporate Profile

• Plazacorp Retail Properties (“PLZ”) is one of Eastern Canada’s leading property owners, developers and managers of unenclosed and enclosed retail real estate
• Plazacorp holds interest directly, through subsidiaries and through joint venture partners in 113 properties with over 5.1 million square feet located in 60 communities in Ontario, Quebec, New Brunswick, Nova Scotia, Prince Edward Island and Newfoundland.
• PLZ’s market capitalization as of November 7, 2011 is $258.8 million and has total assets of $548 million as at September 30, 2011
• Plazacorp has increased its dividend nine times in nine years and currently pays an annualized dividend of $0.215 per common share in quarterly dividend payments
• Plazacorp has 8 properties under development which upon completion will add approximately 386,692 square feet to its portfolio (at the Company’s ownership percentage)
• Plazacorp has 8 conditional land assemblies under purchase agreements and subject to due diligence which would add approximately 193,000 square feet to its portfolio at completion. (at the Company’s ownership percentage)
  
  

  What sets Plazacorp Apart

• Value-added development and operating capabilities with local market presence
• Excellent reputation, credibility and performance records.
• Dividend growth record.
• High quality portfolio of retail properties
• Strong relationships with leading national and regional tenants
• Experienced and dedicated management team
• Management owns a significant stake in the company
  

Top Ten Tenants Tenant % of Gross Revenue Shoppers Drug Mart 24.5% Dollarama 7.2% Staples 4.1% Marks Work Wearhouse 3.4% Sobeys 3.2% Reitmans 2.6% Bulk Barn 2.3% Michaels 2.1% Winners 2.0% Future Shop 1.5% Total 52.9%   93.6% of current monthly gross rents are derived from National and Regional retailers (93.1% -2010).

Financial Highlights (000’s except per share amount) Year to Date Sept. 30, 2011 Year to Date Sept. 30, 2010 Real Estate Assests 526,482 438,531 Same Assest NOI 23,196 22,501 FFO (diluted) 10,402 10,080 FFO / Common Share 20.3¢ 20.4¢ AFFO 8,810 9,215 AFFO / Common Share 17.2¢ 18.6¢ FFO Payout Ratio 75.4% 70.7% AFFO Payout Ratio 89% 77.4%       Weighted Average Cost of Debt 6.07% 6.28% Interest Coverage Ratio 1.8 times 1.8 times Debt Service Ratio 1.5 times 1.5 times Occupancy 97.9% 97.3%