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PLAZA RETAIL REIT RESPONDS TO PRESS RELEASE OF AXIA REAL ASSETS REGARDING NON-BINDING, UNSOLICITED OFFER TO PURCHASE REIT

Newswire.ca - Tue Jul 7, 12:59PM CDT

FREDERICTON, NB, July 7, 2026 /CNW/ - Plaza Retail REIT ("Plaza" or the "REIT") (TSX: PLZ.UN) responded today to a press release issued by Axia Real Assets LP ("Axia") regarding its submission of an unsolicited proposal to purchase the REIT. Plaza confirms that it has received a proposal for a take-private transaction from Axia (the "Proposal") at a proposed price of $5.28 per unit.

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