Source: Wiklow Corporate Services Inc.

Partners REIT to Announce Full Year 2015 Results on March 16

BARRIE, ONTARIO--(Marketwired - Jan. 20, 2016) - Partners Real Estate Investment Trust (the "REIT," or "Partners") (TSX:PAR.UN) announced today that the REIT will release its financial results for the fourth quarter and twelve months of 2015 after the market close on Wednesday, March 16, 2016.

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

Partners will host a conference call at 8:30 AM Eastern on Thursday, March 17, 2016, 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): 866-223-7781

Local: 416-340-2216

Instant Replay Details (Available until March 24, 2016)

Toll Free (North America): 800-408-3053

Passcode: 3919300

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 focused on the expansion and management of a portfolio of 36 retail and mixed-use community and neighbourhood shopping centres. These properties are located in both primary and secondary markets across British Columbia, Alberta, Manitoba, Ontario, and Quebec, and comprise a total of approximately 2.5 million square feet of leasable space.

Contact Information:

Partners REIT Investor Relations
1 (866) 474-9620 ext. 401
investor.relations@partnersreit.com

Jane Domenico
Chief Executive Officer
(705) 725-6020 ext. 151