BARRIE, ONTARIO--(Marketwired - May 6, 2014) - The Board of Trustees of Partners Real Estate Investment Trust (TSX:PAR.UN) ("Partners REIT" or the "REIT") today announced that it has commenced a process to review strategic alternatives to maximize value for unitholders. There are many potential outcomes of the strategic review process and there can be no guarantee that a transaction will take place. The Trustees are in the process of interviewing potential financial advisors and expect to engage one shortly.