Partners Real Estate Investment Trust Report on Voting Results

Annual Meeting of Unitholders Held on June 6, 2013


VICTORIA, BRITISH COLUMBIA--(Marketwired - June 7, 2013) - Partners Real Estate Investment Trust (the "REIT" or "Partners REIT") (TSX:PAR.UN)(TSX:PAR.DB)(TSX:PAR.DB.A)(TSX:PAR.DB.B) today announced the final trustee election results from its 2013 annual meeting of unitholders held on June 6, 2013 in Toronto, Ontario. As previously announced, the nominees of IGW REIT ("IGW"), James R. Bullock, Patrick Miniutti, Graham Senst and Wilbur H. Smith III, were elected to serve until the earlier of the REIT's next annual meeting or until his successor is elected or appointed. The result of the vote by ballot with respect to the election of trustees is as follows:

TRUSTEE FOR AGAINST

IGW Nominees
James R. Bullock 9,506,691 48,706
Patrick Miniutti 9,506,680 48,717
Graham Senst 9,505,092 50,305
Wilbur H. Smith III 9,505,641 49,756

Independent Trustee Nominees
John van Haastrecht 5,111,234 18,396
Louis Maroun 5,109,860 19,770
Tim O'Neill 5,113,092 16,538
Saul Shulman 5,109,861 19,769

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.

Contact Information:

Partners Real Estate Investment Trust
Patrick Miniutti
Chief Executive Officer
(250) 940-5530
www.partnersreit.com