VANCOUVER, Dec. 18, 2012 /CNW/ - Pure Industrial Real Estate Trust ("PIRET" or "REIT") (TSX: AAR.UN)
today announced that its Board of Trustees has approved a cash
distribution of $0.026 per trust unit for the month of December 2012
(equivalent to $0.312 per trust unit on an annualized basis). This
distribution will be paid on January 15, 2013 to unitholders of record
at the close of business on December 31, 2012.
The policy of PIRET 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 under the symbol AAR.UN. The REIT
currently has 83,953,988 units issued and outstanding.
About Pure Industrial Real Estate Trust
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 one of the largest publicly traded vehicles in Canada
that offer investors exclusive exposure to Canada's industrial asset
PIRET's trust units are listed on the Toronto Stock Exchange under the
symbol AAR.UN. Additional information about the REIT is available at www.piret.ca or www.sedar.com.
THE TORONTO STOCK 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
Suite 910, 925 West Georgia Street
Vancouver, BC V6C 3L2
Phone: (604) 681-5959 or (888) 681-5959
TSX - AAR.UN