Partners REIT mulls disposal of 11 properties as unit prices languish

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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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