Partners REIT property. (Photo: Partners REIT)Partners REIT property. (Photo: Partners REIT)

Toronto Stock Exchange-listed Partners REIT is looking at the possible sale of up to 11 its 34 properties.

The properties that will be offered for sale are in the Canadian states of British Columbia, Alberta and Manitoba.

These represent account for approximately 30% of REIT’s assets based on book value, and 29% of the REIT’s net operating income for the year ended December 31, 2017.

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By Ridzwan Rahmat

Ridzwan has been analysing REITs and business trusts since 2008, and personally manages a portfolio comprising mainly of SGX-listed REITs. He founded REITsWeek in 2013.