Partners REIT Announces Timing of Second Quarter 2011 Results & Conference Call

   Partners Real Estate Investment Trust (TSX VENTURE: PAR.UN) will release its financial results for the three and six months ended June 30, 2011 on Tuesday, August 9, 2011. A telephone conference call hosted by Partners REIT's management team will be held Thursday, August 11, 2011 at 4.00 pm 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 392805# 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 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.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts: Partners Real Estate Investment Trust Patrick Miniutti President and Chief Operating Officer [phone] www.partnersreit.com