TORONTO, Dec. 12, 2019 (GLOBE NEWSWIRE) — Partners Real Estate Investment Trust (the âREITâ or âPartnersâ) (TSX: PAR.UN) and McCowan and Associates Ltd. (âMAAâ) today jointly announced the completion of the previously announced statutory plan of arrangement (the âArrangementâ) pursuant to which, MAA acquired all of the outstanding units of the REIT (each, a âUnitâ),… [Read More]
Partners REIT Obtains Final Court Order Approving Plan of Arrangement
TORONTO, Dec. 10, 2019 (GLOBE NEWSWIRE) — Partners Real Estate Investment Trust (the âREITâ or âPartnersâ) (TSX: PAR.UN) today announced that it has obtained a final order of the Ontario Superior Court of Justice approving the previously announced statutory plan of arrangement (the âArrangementâ) pursuant to which McCowan and Associates Ltd. (âMAAâ) will acquire all… [Read More]
Partners REIT Unitholders Approve Plan of Arrangement with McCowan and Associates Ltd.
TORONTO, Dec. 05, 2019 (GLOBE NEWSWIRE) — Partners Real Estate Investment Trust (the âREITâ or âPartnersâ) (TSX: PAR.UN) announced today that the plan of arrangement pursuant to which McCowan and Associates Ltd. (âMAAâ) will, among other things, acquire all of the outstanding units of the REIT (each, a âUnitâ), except for the 9,229,704 Units (representing… [Read More]
Partners Announces Results for the Third Quarter of 2019
BARRIE, Ontario, Nov. 06, 2019 (GLOBE NEWSWIRE) — Partners Real Estate Investment Trust (the âREIT,â or âPartnersâ) (TSX: PAR.UN) today announced its results for the three month period ended September 30, 2019 (the âthird quarterâ). THIRD QUARTER 2019 HIGHLIGHTS Comprehensive income of $0.3 million, an increase to income of $1.3 million when compared to the… [Read More]
Partners REIT going-private transaction with McCowan and Associates Ltd.
TORONTO, Oct. 10, 2019 (GLOBE NEWSWIRE) — Partners Real Estate Investment Trust (the âREITâ or âPartnersâ) (TSX: PAR.UN) and McCowan and Associates Ltd. (âMAAâ) today jointly announced that the REIT has entered into an arrangement agreement (the âArrangement Agreementâ) with MAA pursuant to which MAA will acquire all of the outstanding units of the REIT… [Read More]
Partners Announces Results for the Second Quarter of 2019
BARRIE, Ontario, Aug. 07, 2019 (GLOBE NEWSWIRE) — Partners Real Estate Investment Trust (the âREIT,â or âPartnersâ) (TSX: PAR.UN) today announced its results for the three month period ended June 30, 2019 (the âsecond quarterâ). SECOND QUARTER 2019 HIGHLIGHTS Comprehensive loss of $1.0 million, a decrease to income of $2.8 million when compared to the… [Read More]
Partners Announces Results of Annual General Meeting of Unitholders
TORONTO, June 19, 2019 (GLOBE NEWSWIRE) — Partners Real Estate Investment Trust (the âREITâ or âPartnersâ) (TSX: PAR.UN) announces the results of voting conducted on June 19, 2019 at the REITâs annual general meeting of unitholders. A total of approximately 27,328,218 units (approximately 59.31% of the 46,079,063 units outstanding) were represented in person or by… [Read More]
Partners REIT Initiates Strategic Review
TORONTO, May 29, 2019 (GLOBE NEWSWIRE) — Partners Real Estate Investment Trust (the âREITâ or âPartnersâ) (TSX: PAR.UN) today announced that its board of trustees (the âBoardâ) has initiated a process to explore and evaluate strategic alternatives available to the REIT, which may include, but is not limited to a sale of the REIT itself;… [Read More]
Partners Announces Results for the First Quarter of 2019
BARRIE, Ontario, May 08, 2019 (GLOBE NEWSWIRE) — Partners Real Estate Investment Trust (the “REIT,” or “Partners”) (TSX: PAR.UN) today announced its results for the three month period ended March 31, 2019 (the “first quarter”).
Partners REIT Provides Update
TORONTO, May 08, 2019 (GLOBE NEWSWIRE) — Partners Real Estate Investment Trust (the “REIT” or “Partners”) (TSX: PAR.UN) today announced that it has closed the previously announced sale of its eleven retail properties in Québec (the “Québec Sale Transaction”). Partners also announced a special cash distribution to all unitholders (“Unitholders”) of the REIT of a… [Read More]
Partners Real Estate Investment Trust Announces Distribution of $0.015 per Unit
BARRIE, Ontario, April 23, 2019 (GLOBE NEWSWIRE) — Partners Real Estate Investment Trust (“Partners REIT”) (TSX: PAR.UN) is pleased to announce a $0.015 per Unit distribution for April 2019. The distribution will be paid on May 15, 2019 to unitholders of record as at April 30, 2019. Partners REIT currently has 46,079,673 Units outstanding.
Partners Real Estate Investment Trust Update
BARRIE, Ontario, April 17, 2019 (GLOBE NEWSWIRE) — Partners Real Estate Investment Trust (“Partners REIT”) (TSX: PAR.UN) announced today that the Chief Executive Officer of Partners REIT, Jane Domenico, has resigned, effective immediately, as an officer and trustee of Partners REIT to pursue other opportunities.