Partners REIT Announces Timing of First Quarter 2012 Results & Conference Call and Annual Meeting of Unitholders

Partners Real Estate Investment Trust (TSX:PAR.UN) will release its financial
results for the three months ended March 31, 2012 on the evening of Thursday,
May 10, 2012. A telephone conference call hosted by Partners REIT's management
team will be held Monday, May 14, 2012 at 1:00 pm ET (10:00 am PT). 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 70897# when instructed. (A recording of the conference call
will also be available on the REIT's web site at www.partnersreit.com.) 


Annual Unitholders' Meeting

The REIT will hold its Annual Meeting of Unitholders at the offices of McCarthy
Tetrault LLP, 66 Wellington Street West, 53rd floor, Toronto, Ontario, M5K 1E6
on May 11, 2012 at 10:30 a.m. ET. 


About Partners REIT

Partners REIT is a growth-oriented real estate investment trust, which currently
owns (directly or indirectly) 29 retail properties located in British Columbia,
Alberta, Ontario, Manitoba and Quebec, aggregating approximately 2.2 million
square feet of leaseable 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.