Partners Real Estate Investment Trust (TSX VENTURE:PAR.UN) Announces Distribution of $0.01333 Per Unit
February 18 2011 - 8:00AM
Marketwired Canada
Partners Real Estate Investment Trust (TSX VENTURE:PAR.UN) ("Partners REIT") is
pleased to announce a $0.01333 per unit distribution for February 2011. The
distribution will be paid on March 15, 2011 to unitholders of record on February
28, 2011.
Partners REIT currently has approximately 30,933,670 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 enrolled 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.
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