TORONTO, May 31, 2013 /CNW/ - The Independent Trustees of Partners Real Estate Investment Trust, (TSX: PAR.UN) invite all Unitholders of the REIT to participate on a conference call to learn about the Trustee's comprehensive plan to internalize management of the REIT and the reasons the Independent Trustees believe this is the right decision to make now. An open question and answer period will follow a short formal presentation. Present on the call will be all of the REIT's Independent Trustees: Lou Maroun, John Van Haastrecht, Tim ONeil and Saul Shulman.
A presentation outlining the reasons why internalization is the right decision to make now is available on the Investor Information page on the REIT's web site at www.partnersreit.com. Unitholders are encouraged to review the presentation prior to Monday's conference call.
The conference call will be held on Monday, June 3, 2013 at 4.15 pm ET. The telephone numbers for the conference call are:
Local / International: (647) 788-4929
North American Toll Free: (855) 223-7309
The telephone number to listen to the conference call after it is completed (Instant Replay) is toll free (855) 859-2056. Please enter the passcode 89075450# when instructed. A recording of the conference call will also be available on the REIT's web site at www.partnersreit.com.
About Partners REIT
Partners REIT is a growth-oriented real estate investment trust which currently owns (directly or indirectly) thirty-eight retail properties well-located in British Columbia, Alberta, Manitoba, Ontario and Quebec, aggregating approximately 2.7 million square feet of leasable space. Partners REIT focuses on expanding and managing a portfolio of retail and mixed-use community and neighbourhood shopping centres located in both primary and secondary markets across Canada.
SOURCE: Partners REIT
For further information:
David Mills, Investor Relations at (416) 805-7721