TORONTO, Oct. 31, 2018 (GLOBE NEWSWIRE) — Partners Real Estate Investment Trust (“Partners REIT” or the “REIT”) (TSX:PAR.UN) is pleased to announce that the parties to the Class Action against, among others, certain former trustees and a former officer of Partners REIT, have signed minutes of settlement and will seek approval of the settlement by the Ontario Superior Court of Justice and to have the Class Action dismissed. A hearing for court approval of the settlement is scheduled for December 14, 2018.