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TORONTO, ONTARIO -- (Marketwired) -- 05/16/16 -- Partners Real Estate Investment Trust ("Partners REIT") (TSX:PAR.UN) is pleased
to announce a $0.02083 per Unit distribution for May 2016. The distribution will be paid on June 15, 2016 to unitholders of record
as at May 31, 2016. Partners REIT currently has 33,597,339 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.
About Partners REIT
Partners REIT is a growth-oriented real estate investment trust, which currently owns (directly or indirectly) 36 retail
properties, located in British Columbia, Alberta, Manitoba, Ontario, and Quebec, aggregating approximately 2.5 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.
Disclaimer
Certain statements included in this press release constitute forward-looking statements, including, but not limited to, those
identified by the expressions "expect", "will" and similar expressions to the extent they relate to Partners REIT. The forward-
looking statements are not historical facts but reflect Partners REIT's current expectations regarding future results or events.
These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to
differ materially from current expectations. Although Partners REIT believes that the assumptions inherent in the forward-looking
statements are reasonable, forward-looking statements are not guarantees of future performance and, accordingly, readers are
cautioned not to place undue reliance on such statements due to the inherent uncertainty therein.
Contacts:
Partners REIT Investor Relations
1 (844) 474-9620 ext. 401
investor.relations@partnersreit.com
Jane Domenico
Chief Executive Officer
(416) 855-3313 ext. 501