Business NewsMarketWire • Partners Real Estate Investment Trust Provides Update

Partners Real Estate Investment Trust Provides Update

Partners Real Estate Investment Trust Provides Update

BARRIE, ONTARIO--(Marketwired - May 4, 2014) - The Board of Trustees of Partners Real Estate Investment Trust (TSX:PAR.UN) ("Partners REIT" or the "REIT") today provided an update regarding the matters raised by Orange Capital in a press release issued on May 1, 2014 concerning, among other things, the April 2014 transaction pursuant to which the REIT purchased three Ontario properties from Holyrood Holdings Limited which was partially paid by the REIT issuing securities to Holyrood which represented an aggregate economic interest in the REIT of approximately 18.7% (the "April Transaction").

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Partners Real Estate Investment Trust Provides Update