TSX:PLZ.UNRetail REITs
Plaza Retail REIT (TSX:PLZ.UN) Stock Draws Interest As FFO And Margins Improve
Plaza Retail REIT stock enters this earnings season with a quiet winning streak. The unit price sits at CA$5.32 after a solid 90 day climb, while the latest quarter highlights the underlying cash engine that matters for a retail REIT. Funds From Operations, the key cash flow yardstick for these businesses, reached CA$22.6 million year to date, and net profit margins over the last year improved sharply.
For long term investors, the headline is simple: Plaza Retail REIT is producing more income...