Public property

Fredericton’s Plazacorp Retail Properties Inc. has increased its dividends to shareholders for ten consecutive years. With an 18 per cent compounded annual rate of return, $100,000 invested at the company’s start-up in 1999 would now be worth $835,000. With its conversion to a real estate investment trust and a move to the Toronto Stock Exchange, Plazacorp continues to build for the future. This profile appears in the September 2012 issue of Progress magazine. [Full story]

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