Source: Wiklow Corporate Services Inc.

Partners REIT to Announce Results for the Fourth Quarter and Full Year 2013 on March 31, 2014

BARRIE, ONTARIO--(Marketwired - March 20, 2014) - Partners Real Estate Investment Trust (the "REIT," or "Partners") (TSX:PAR.UN) announced today that it will release its financial results for the fourth quarter and full year 2013 before the market open on March 31, 2014.

A press release summarizing these results, as well as both financial statements and Management's Discussion & Analysis for the relevant periods, will be available on Partners' website (www.partnersreit.com) and SEDAR (www.sedar.com).

Partners will also host a conference call at 2:00 PM Eastern on March 31, 2014, at which time Partners' management will both review the financial results and discuss the REIT's strategic outlook.

Conference Dial-In Details

Toll Free (North America): 855-223-7309

Local: 647-788-4929

Instant Replay Details (Available until April 14, 2014)

Toll Free (North America): 855-859-2056

Passcode: 17467418

A recording of the conference call will also be available via Partners' website.

About Partners REIT

Partners REIT is a growth-oriented real estate investment trust, which currently owns (directly or indirectly) 39 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
Investor Relations
(604) 428-0429
investor.relations@partnersreit.com

Renmark Financial Communications Inc.
Barry Mire
(514) 939-3989 or (416) 644-2020
bmire@renmarkfinancial.com

Renmark Financial Communications Inc.
Robert Thaemlitz
(514) 939-3989 or (416) 644-2020
rthaemlitz@renmarkfinancial.com
www.renmarkfinancial.com