VANCOUVER, Jan. 18, 2012 /CNW/ - Pure Industrial Real Estate Trust
("PIRET" or "REIT") (TSXV: AAR.UN) today announced that its Board of
Trustees has approved a cash distribution of $0.025 per trust unit for
the month of January 2012 (equivalent to $0.30 per trust unit on an
annualized basis). This distribution will be paid on February 15, 2012
to unitholders of record at the close of business on January 31, 2012.
The policy of Pure Industrial Real Estate Trust is to pay cash
distributions on or about the 15th day of each month to the unitholders
of record on the last business day of the preceding month.
PIRET units are listed on the TSX Venture Exchange under the symbol
AAR.UN. The REIT currently has 50,423,903 units issued and
For more information on PIRET, visit our website at www.piret.ca.
About Pure Industrial Real Estate Trust (PIRET)
PIRET is an unincorporated, open-ended investment trust established for
the purposes of acquiring, owning and operating a diversified portfolio
of income-producing industrial properties in primary markets across
Canada. PIRET focuses exclusively on investing in industrial properties
and is the only publicly traded vehicle in Canada that offers investors
exclusive exposure to Canada's industrial asset class.
Additional information about PIRET is available at www.piret.ca or www.sedar.com.
TSX Venture Exchange - AAR.UN
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT
RESPONSIBILITY FOR THE ADEQUACY OR THE ACCURACY OF THIS RELEASE.
SOURCE Pure Industrial Real Estate Trust (PIRET)
For further information:
Director of Investor Relations
Pure Industrial Real Estate Trust (PIRET)
Suite 910, 925 West Georgia Street
Vancouver, BC V6C 3L2
Phone: (604) 681-5959 or (888) 681-5959