Partners Real Estate Investment Trust (TSX VENTURE: PAR.UN) Announces Distribution of $0.01333 Per Unit
18 March 2011 - 1:03PM
Marketwired
Partners Real Estate Investment Trust (TSX VENTURE: PAR.UN)
("Partners REIT") is pleased to announce a $0.01333 per unit
distribution for March 2011. The distribution will be paid on April
15, 2011 to unitholders of record on March 31, 2011.
Partners REIT currently has approximately 30,943,934 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) seventeen retail
properties, well-located in 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 (866) 672-8836 (FAX)
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