Sept 19 (Reuters) - Partners Real Estate Investment Trust PAR_u.TO :
* PRESS RELEASE - PARTNERS REIT SELLS 9 WESTERN CANADA PROPERTIES
* PARTNERS REAL ESTATE INVESTMENT TRUST - HAS AGREED TO SELL 9 OF REMAINING 10 PROPERTIES IN ITS WESTERN CANADA PORTFOLIO
* PARTNERS REAL ESTATE INVESTMENT TRUST - PROPERTY IN MANITOBA WILL CONTINUE TO BE MARKETED FOR SALE
* PARTNERS REIT - BOARD CURRENTLY ANTICIPATES WILL REDUCE ONGOING MONTHLY CASH DISTRIBUTIONS OF REIT FOLLOWING SPECIAL DISTRIBUTION
* PARTNERS REIT - NO AGREEMENTS HAVE BEEN ENTERED INTO FOR ANY PROPERTIES IN QUEBEC
* PARTNERS REIT - SALE OF 10 PROPERTIES FROM WESTERN PORTFOLIO EXPECTED TO RESULT IN NET CASH PROCEEDS TO CO, AFTER CERTAIN PAYMENTS, OF ABOUT $50 MILLION
* PARTNERS REIT - BOARD HAS CONCLUDED THAT SPECIAL CASH DISTRIBUTION TO ALL OF UNITHOLDERS OF A PORTION OF NET CASH PROCEEDS IS MOST APPROPRIATE
* PARTNERS REIT - BOARD TO DECIDE WHETHER OR NOT TO PROCEED WITH A SALE OF ANY PROPERTIES IN QUEBEC DEPENDING ON INTEREST EXPRESSED BY THIRD PARTIES
* PARTNERS REIT - RETAINED BMO CAPITAL MARKETS TO CANVASS MARKET FOR A POSSIBLE SALE OF SOME OR ALL OF REIT'S PROPERTIES IN PROVINCE OF QUEBEC