
Plaza Retail REIT (TSE:PLZ.UN) reported higher first-quarter funds from operations and continued occupancy strength as management pointed to resilient demand for essential-needs retail space and embedded rent growth across its portfolio.
On the company’s first-quarter 2026 earnings call, President and Chief Executive Officer Jason Parravano said the REIT entered the year “from a position of strength,” supported by stable tenant demand, limited new supply in many of its markets and ongoing optimization and intensification efforts within its existing portfolio.