Partners Real Estate Investment Trust (TSX-V: PAR.UN) Announces Distribution of $0.05333 Per Unit
VICTORIA, BC., March 15, 2012 - Partners Real Estate Investment Trust (“Partners REIT”) is pleased to announce a $0.05333 per unit distribution for March 2012. The distribution will be paid on April 16, 2012 to unitholders of record on March 30, 2012.
Partners REIT currently has approximately 17,852,779 trust units outstanding.
Distribution Reinvestment Plan
Partners REIT offers a distribution reinvestment plan whereby residents of Canada may elect to have their cash distributions reinvested in additional units of Partners REIT.
About Partners REIT
Partners REIT is a growth-oriented real estate investment trust, which currently owns (directly or indirectly) twenty-seven retail properties, well-located in British Columbia, Alberta, Manitoba, Ontario and Quebec, aggregating approximately 2.1 million square feet of leasable space. Partners REIT focuses on expanding and managing a portfolio of retail and mixed-use community and neighbourhood shopping centres located in both primary and secondary markets across Canada.
Patrick Miniutti, President and Chief Operating Officer or
Dionne Barnes, Chief Financial Officer
Telephone: (250) 940-5500, Facsimile: (250) 940-5501
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.