Moray Tawse Acquires Additional Units of Partners Real Estate Investment Trust

Moray Tawse announced that he has indirectly acquired, through entities controlled by him, 418,600 trust units of Partners Real Estate Investment Trust , through the facilities of the Toronto Stock Exchange between October 22, 2014 and December 10, 2014, at an average price of approximately $4.12 per Unit. The Units acquired by Mr. Tawse represent approximately 1.6% of the issued and outstanding Units of Partners REIT. Following this acquisition of Units, Mr. Tawse now owns 3,136,400 Units, representing approximately 12% of the issued and outstanding Units of Partners REIT.
 
The acquisition of Units by Mr. Tawse is for investment purposes. Depending on market conditions, circumstances and other relevant factors, Mr. Tawse may, from time to time, increase or decrease his interest in Partners REIT.
 

on December 17, 2014