Overview
Plazacorp Retail Properties Ltd is one of Eastern Canada's fastest-growing retail property owners and developers. PLZ is an entrepreneurial real estate company with strong “value-added” capabilities that develops, re-develops or acquires strip centres, enclosed mall shopping centres and freestanding retail properties. The company offers diversification via its broad geography and strong mix of retail tenants. PLZ has consistently created and delivered value by fostering strategic relationships with its tenants, suppliers, partners and investors.
With a diversified portfolio comprising of 100 high quality properties and over 4.5 million square feet, PLZ's growth and success stems from the integrity, experience and dedication of its management team. PLZ has strived to set itself apart from other retail owners and developers by using innovative methods to overcome challenges which are typical in the real estate business. With offices in Fredericton, Montreal and Halifax, and a joint venture partner in Ontario, PLZ is well positioned to draw from its local market knowledge and take advantage of retail development opportunities in Atlantic Canada, Quebec and Ontario.
PLZ's experienced management team has a proven track record and knows what it means to successfully grow its business during the ups and downs of the real estate market. PLZ has in-house expertise that allows it to manage all aspects of the real estate development cycle. PLZ's strong infrastructure allows the company to source and close deals, plan, lease, construct, finance, and operate retail properties across its geography.
PLZ's goal is to increase its cash flow and dividends per share by maintaining it's customary focus and dedication to grow its business though the development, acquisition and re-development of retail properties. PLZ's potent mix of an entrepreneurial real estate development culture with a strong capital base and a diversified portfolio will ensure that PLZ continues to meet its goals and produce positive long term results for the benefit of its shareholders and customers.
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