The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Globe Investor

News Sources

Take control of your investments with the latest investing news and analysis

Press release from Marketwire

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

Wednesday, August 15, 2012

Partners Real Estate Investment Trust (TSX:PAR.UN) Announces Distribution of $0.05333 Per Unit13:13 EDT Wednesday, August 15, 2012VICTORIA, BRITISH COLUMBIA--(Marketwire - Aug. 15, 2012) - Partners Real Estate Investment Trust (TSX:PAR.UN) ("Partners REIT") is pleased to announce a $0.05333 per unit distribution for August 2012. The distribution will be paid on September 17, 2012 to unitholders of record on August 31, 2012.Partners REIT currently has approximately 21,384,973 trust units outstanding.Distribution Reinvestment PlanPartners 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 REITPartners REIT is a growth-oriented real estate investment trust, which currently owns (directly or indirectly) thirty retail properties, well-located in British Columbia, Alberta, Manitoba, Ontario and Quebec, aggregating approximately 2.2 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.FOR FURTHER INFORMATION PLEASE CONTACT: Patrick MiniuttiPartners Real Estate Investment TrustPresident and Chief Operating Officer(250) 940-5500ORTony Quo VadisPartners Real Estate Investment TrustChief Financial Officer(250) 940-5500(250) 940-5501 (FAX)