Partners Real Estate Investment Trust (TSX VENTURE: PAR.UN) Announces Distribution of $0.01333 Per Unit
January 18 2011 - 3:09PM
Marketwired
Partners Real Estate Investment Trust (TSX VENTURE: PAR.UN)
("Partners REIT") is pleased to announce a $0.01333 per unit
distribution for January 2011. The distribution will be paid on
February 15, 2011 to unitholders of record on January 31, 2011.
Partners REIT currently has approximately 30,922,503 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. Currently,
approximately 5% of the total issued and outstanding units have
enroled in the plan.
Partners REIT
Partners REIT is a growth-oriented real estate investment trust,
which currently owns (directly or indirectly) eleven retail
properties, well-located in Ontario and Quebec, aggregating
approximately 1.2 million square feet of leaseable 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.
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.
Contacts: Partners Real Estate Investment Trust Patrick Miniutti
President and Chief Operating Officer (250) 940-5500 Partners Real
Estate Investment Trust Dionne Barnes Chief Financial Officer (250)
940-5500 (866) 672-8836 (FAX)
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