Partners Real Estate Investment Trust (TSX VENTURE: PAR.UN) Announces Distribution of $0.01333 Per Unit
June 16 2011 - 5:15PM
Marketwired
Partners Real Estate Investment Trust (TSX VENTURE: PAR.UN)
("Partners REIT") is pleased to announce a $0.01333 per unit
distribution for June 2011. The distribution will be paid on July
15, 2011 to unitholders of record on June 30, 2011. Partners REIT
currently has approximately 30,973,916 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 REIT Patrick Miniutti President and Chief
Operating Officer (250) 940-5500 Partners REIT Dionne Barnes Chief
Financial Officer (250) 940-5500 (250) 940-5501 (FAX)
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