Partners Real Estate Investment Trust (TSX VENTURE: PAR.UN) Announces Distribution of $0.01333 Per Unit
May 18 2011 - 4:11PM
Marketwired
Partners Real Estate Investment Trust ("Partners REIT") (TSX
VENTURE: PAR.UN) is pleased to announce a $0.01333 per unit
distribution for May 2011. The distribution will be paid on June
15, 2011 to unitholders of record on May 31, 2011.
Partners REIT currently has approximately 30,964,373 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 4% 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) eighteen retail
properties, well-located in British Columbia, Manitoba, Ontario and
Quebec, aggregating approximately 1.3 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 (250) 940-5501 (FAX)
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