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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 347 properties with over 6.4 million square feet located in over 60 communities in Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Nova Scotia, Ontario, Prince Edward Island, Quebec, and Saskatchewan.
• Has total assets of $616 million as at March 31, 2013
• Plazacorp has increased its dividend eleven times in ten years and currently pays an annualized dividend of $0.225 per common share in quarterly dividend payments
• Plazacorp has 11 properties under development (at March 31, 2013) which upon completion will add approximately 391,000 square feet to its portfolio (at the Company’s ownership percentage)
• Plazacorp has 3 conditional land assemblies under purchase agreements (at March 31, 2013). These four land assemblies would add approximately 63,000 square feet to its portfolio (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 22.7% Dollarama 6.9% Staples 4.0% Marks Work Wearhouse 3.1% Best Buy / Future Shop 2.8% Reitmans 2.8% Bulk Barn 2.5% Winners 2.5% Sobeys 2.4% Michaels 1.8% Total 51.5%   93.3% of gross rents are from National and Regional retailers (93.4% - March 2012)

Financial Highlights (000’s except per share amount) 3 months ended March 31, 2013 3 months ended March 31, 2012 Assests $616,030 $569,405 Same Assest NOI $8,249 $7,910 FFO (diluted) $4,021 $3,808 FFO / Common Share 6.3¢ 6.4¢ AFFO $3,775 $3,359 AFFO / Common Share 5.9¢ 5.6¢ FFO Payout Ratio 89.5% 84.5% AFFO Payout Ratio 95.3% 95.8%       Weighted Average Cost of Debt 5.78% 6.05% Interest Coverage Ratio 2.2 times 2.0 times Debt to gross book value of assets 42.0% 43.4% Debt Service Ratio 1.7 times 1.6 times Occupancy 94.7% 96.4%