BARRIE, ONTARIO--(Marketwired - Sept. 1, 2014) - Partners Real Estate Investment Trust ("Partners REIT" or "Partners" or "REIT") (TSX:PAR.UN) is pleased to provide an update on both the unwinding of its purchase of three retail centres from Holyrood Holdings ("Holyrood") and its sale of a small portfolio of Ontario properties. These items were discussed in detail within a press release entitled "Partners REIT Announces Strategic Steps to Improve Financial Position," disseminated on August 14, 2014.