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Partners Announces Results of Annual General Meeting

V.PAR.H

Partners Announces Results of Annual General Meeting

TORONTO, ONTARIO--(Marketwired - May 24, 2017) - Partners Real Estate Investment Trust (TSX:PAR.UN) announces the results of voting conducted on May 24, 2017, at the REIT's Annual General Meeting of Unitholders.

A total of approximately 19,382,819 shares (approximately 56.67% of 34,200,480 outstanding voting shares) were represented in person or by proxy.

A summary of Trustee voting results is presented below:

    Votes For   % Votes For   Votes Withheld   % Withheld
Grant Anthony   19,343,909   99.80%   38,910   0.20%
Jane Domenico   19,314,240   99.65%   68,579   0.35%
Allan Kimberley   19,194,122   99.03%   188,697   0.97%
Simon Nyilassy   19,200,347   99.06%   182,472   0.94%
C. Ian Ross   19,179,093   98.95%   203,726   1.05%

Additional matters subject to vote were as follows:

    Votes For   % Votes For   Votes Withheld   % Withheld
Appointment of Auditors   19,368,309   99.93%   14,510   0.07%

About Partners REIT

Partners REIT is a growth-oriented real estate investment trust focused on the expansion and management of a portfolio of 35 retail and mixed-use community and neighbourhood shopping centres. These properties are located in both primary and secondary markets across British Columbia, Alberta, Manitoba, Ontario, and Quebec, and comprise a total of approximately 2.5 million square feet of leasable space.

Partners REIT Investor Relations
1 (844) 474-9620 ext. 401
investor.relations@partnersreit.com

Jane Domenico
Chief Executive Officer
(416) 855-3313 ext. 401



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