Oct 10 (Reuters) - Partners Real Estate Investment Trust PAR_u.TO :
* PARTNERS REIT GOING-PRIVATE TRANSACTION WITH MCCOWAN AND ASSOCIATES LTD.
* PARTNERS REAL ESTATE INVESTMENT TRUST - MAA WILL ACQUIRE UNITS OF REIT EXCEPT FOR SOME UNITS OWNED BY MAA A FOR A PRICE OF CDN. $0.78 PER UNIT IN CASH
* PARTNERS REAL ESTATE INVESTMENT - PURCHASE OF 100% OF EQUITY OF PARTNERS REPRESENTS TOTAL ENTERPRISE VALUE OF ABOUT $102 MILLION
* PARTNERS REAL ESTATE INVESTMENT TRUST - IN CERTAIN CIRCUMSTANCES, REIT HAS AGREED TO PAY MAA A TERMINATION FEE OF $1.4 MILLION
* PARTNERS REAL ESTATE INVESTMENT TRUST - A TERMINATION FEE OF $2 MILLION WILL BE PAYABLE BY MAA TO REIT IN CERTAIN CIRCUMSTANCES