Partners Real Estate Investment Trust announced that effective July 10, 2018, the company will relocate its head office to Barrie, Ontario. New address will be 249 Saunders Road, Unit 3, Barrie, Ontario, L4N 9A3. The REIT's executive, asset management, property management, leasing and tenant legal functions will split their time between the Barrie offices and their home offices. This decision is expected to be a significant reduction in General and Administrative expenses with no anticipated loss in efficiency and productivity from operations.