Plaza Retail REIT Reports Q3 Revenue and FFO Growth
Plaza Retail REIT (PAZRF) has released its third-quarter financial results, demonstrating steady year-over-year growth across key performance metrics. Total revenue rose to CAD 32.15 million, representing a 1.4% increase compared to the CAD 31.71 million reported in the same period last year. The REIT also saw improvements in its core profitability measures. Funds From Operations (FFO) reached CAD 12.83 million, while Adjusted Funds From Operations (AFFO) grew by 6.4% year-over-year to reach CAD 9.13 million. Net operating income followed a similar upward trend, increasing 1.5% to CAD 20.78 million.
Topics: AFFO FFO net operating income revenue growth