Toronto Stock Exchange · Real Estate
Invest in Plaza Retail REIT stock from India
Indian and foreign residents can buy Plaza Retail REIT (PLZ-UN) shares directly through Paasa.
By Paasa · Updated
Plaza Retail REIT at a glance
- Price
- CA$5.26-CA$0.01 (0.09%)
- Market cap
- CA$581.04M
- Day range
- CA$5.24 – CA$5.28
- P/E
- 9.40
- Dividend yield
- 5.32%
- Volume
- 95.31K
- 1 month
- -0.38%
- 6 months
- +25.24%
- YTD
- +22.61%
- 1 year
- +26.44%
- 5 years
- +16.89%
Plaza Retail REIT statements, FY2021–FY2025
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | CA$130.6M | CA$121.3M | CA$114.1M | CA$111.2M | CA$110.6M |
| Gross profit | CA$86.3M | CA$74.4M | CA$70.4M | CA$70.6M | CA$71.8M |
| Operating income | CA$67.4M | CA$65.6M | CA$65.3M | CA$55.1M | CA$35.6M |
| Net income | CA$55.3M | CA$25.0M | CA$20.2M | CA$53.9M | CA$99.6M |
| Earnings per share | CA$0.50 | CA$0.22 | CA$0.18 | CA$0.52 | CA$0.97 |
| EBITDA | CA$88.1M | CA$57.3M | CA$64.6M | CA$81.3M | CA$70.5M |
| Total assets | CA$1.3B | CA$1.2B | CA$1.3B | CA$1.3B | CA$1.2B |
| Total debt | CA$651.1M | CA$657.2M | CA$672.5M | CA$708.1M | CA$679.2M |
| Cash and short-term investments | CA$8.1M | CA$8.9M | CA$10.9M | CA$7.3M | CA$8.1M |
| Shareholders' equity | CA$565.3M | CA$540.8M | CA$546.5M | CA$518.9M | CA$493.5M |
| Operating cash flow | CA$40.1M | CA$39.9M | CA$42.3M | CA$38.5M | CA$48.2M |
| Free cash flow | CA$40.1M | CA$39.9M | CA$42.3M | CA$80.7M | CA$69.4M |
| Capital expenditure | CA$0.0 | CA$0.0 | CA$0.0 | CA$42.2M | CA$21.2M |
Fiscal years as reported, the latest ending 31 Dec 2025. Figures in CAD; a dash means the provider reported nothing for that line.
Peer comparison
| Company | Ticker | Price | Market cap |
|---|---|---|---|
| Artis Real Estate Investment Trust | AX-UN.TO | CA$8.82 | CA$846.42M |
| Wall Financial | WFC.TO | CA$22.00 | CA$701.59M |
| Minto Apartment Real Estate Investment Trust | MI-UN.TO | CA$17.99 | CA$659.03M |
| Automotive Properties Real Estate Investment Trust | APR-UN.TO | CA$11.59 | CA$629.47M |
| Melcor Developments | MRD.TO | CA$18.40 | CA$552.68M |
| Nexus Industrial REIT | NXR-UN.TO | CA$7.28 | CA$522.79M |
| Morguard North American Residential Real Estate Investment Trust | MRG-UN.TO | CA$14.58 | CA$509.50M |
| Morguard Real Estate Investment Trust | MRT-UN.TO | CA$7.10 | CA$474.11M |
Peers as grouped by the data provider. This is not an investment recommendation.
How to invest in Plaza Retail REIT from India
Step 1
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Step 2
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to CAD when you buy.
Step 3
Search PLZ-UN and buy
Find Plaza Retail REIT by name or by its ticker, PLZ-UN, and place your order.
Why invest in Plaza Retail REIT from India
What Plaza Retail REIT does
Plaza, an open-ended real estate investment trust, stands as a prominent owner and developer of retail properties, concentrating its efforts primarily in Ontario, Quebec, and Atlantic Canada. As of September 30, 2020, its substantial portfolio encompassed interests in 272 properties, totaling roughly 8.6 million square feet throughout Canada, alongside additional land parcels earmarked for development. Plaza Retail REIT operates in the REIT - Retail industry within the Real Estate sector.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Frequently asked questions
Can I buy Plaza Retail REIT stock from India?
Yes. Indian residents and NRIs can buy Plaza Retail REIT (PLZ-UN) shares directly through Paasa. Plaza Retail REIT is listed on the Toronto Stock Exchange, in the REIT - Retail industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.
What tax do I pay in India when I sell Plaza Retail REIT shares?
In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the CAD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.