Business News • MarketWire • Partners REIT Enters Into Agreement With Holyrood Holdings Limited to Rescind the Purchase and Sale Agreement With Holyrood

Partners REIT Enters Into Agreement With Holyrood Holdings Limited to Rescind the Purchase and Sale Agreement With Holyrood

Partners REIT Enters Into Agreement With Holyrood Holdings Limited to Rescind the Purchase and Sale Agreement With Holyrood

BARRIE, ONTARIO--(Marketwired - June 6, 2014) - Partners Real Estate Investment Trust (the "REIT" or "Partners") (TSX:PAR.UN) announced today that the REIT and Holyrood Holdings Limited ("Holyrood") have entered into an agreement (the "Rescission Agreement") to rescind and unwind the purchase and sale agreement dated April 2, 2014 between the REIT and Holyrood (the "PSA") that resulted in the REIT purchasing three Ontario properties from Holyrood (the "April Transaction").

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