09:47 AM EST - Partners Real Estate Investment Trust : provided an update to the strategic review currently being undertaken by its Board of Trustees. Effective August, Partners will reduce its monthly distribution to $0.02083 per unit per month, or $0.25 per unit per annum. This reduction will result in annual cash savings of approximately $7.7 million, based on the REIT's unit count at the end of the second quarter. Partners Real Estate Investment Trust
units T.PAR.UN are trading down $0.05 at $23.80.
