Partners REIT Announces Timing of First Quarter 2011 Results & Conference Call and 2010 Annual Unitholders Meeting

Partners Real Estate Investment Trust (TSX VENTURE:PAR.UN) will release its
financial results for the three months ended March 31, 2011 end of day Monday,
June 13, 2011. A telephone conference call hosted by Partners REIT's management
team will be held Thursday, June 16, 2011 at 11.00 am ET. The telephone numbers
for the conference call are:


Local / International: [phone]

North American Toll Free: [phone]

Replay/Archive

The telephone numbers to listen to the conference call after it is completed
(Instant Replay) are local [phone] or toll free [phone]. Please
enter the passcode 933991# when instructed. A recording of the conference call
will also be available on the REIT's web site at www.partnersreit.com.


Annual Meeting of Unitholders

The REIT will hold its 2010 Annual and Special Meeting of Unitholders on
Tuesday, June 14, 2011 at 10:00 am ET at The National Club, 333 Bay Street,
Toronto, Ontario. Management will make a presentation on the REIT's recent
results and its business, and Unitholders will have the opportunity to ask
questions. Partners REIT cordially invites all Unitholders to attend the
meeting.


About Partners REIT

Partners REIT is a growth-oriented real estate investment trust owning, managing
and growing a portfolio of retail and mixed-use community and neighbourhood
shopping centres well-located in both primary and secondary markets across
Canada. More information about the REIT can be found on its web site at
www.partnersreit.com.