Partners Real Estate Investment Trust (TSX: PAR.UN) Announces Distribution of $0.05333 Per Unit



Partners Real Estate Investment Trust (“Partners REIT”) is pleased to announce a $0.05333 per unit distribution for April 2012. The distribution will be paid on May 15, 2012 to unitholders of record on April 30, 2012.

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.

Partners REIT
Partners REIT is a growth-oriented real estate investment trust, which currently owns (directly or indirectly) twenty-eight 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.

More Information
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.