Pure Industrial Real Estate Trust Announces Release of Q2 Financial Results and Conference Call

    VANCOUVER, Aug. 17 /CNW/ - Pure Industrial Real Estate Trust ("PIRET")
(TSXV: AAR.UN) is pleased to announce the release of its financial results for
the three months ended June 30, 2009. The results, consisting of PIRET's
unaudited interim consolidated financial statements for the six months ended
June 30, 2009, and Management's Discussion and Analysis ("MD&A") dated August
14, 2009, are available on SEDAR (www.sedar.com).

    Conference Call

    Darren Latoski, Acting CEO, and Steve Evans, Acting CFO for PIRET, will
host a conference call at 4:30pm (EST), 1:30 pm (PST) today, to review the
financial results and corporate developments for the period ended July 31st,
    To participate in this conference call, please dial one of the following
numbers approximately 10 minutes prior to the commencement of the call, and
ask to join the PIRET (pronounced "Pirate") conference call.

    Dial in numbers: Toll Free from Canada and USA ...........1-866-212-4491
    International or Local Toronto ...........................1-416-800-1066

    Conference Call Replay:

    If you cannot participate on August 17th, a replay of the conference call
will be available by dialing one of the following replay numbers. You will be
able to dial in and listen to the conference 60 minutes after the meeting end
time, and the replay will be available until August 23rd, 2009. Please enter
the Replay ID No. 8267907, followed by the # key.

    Replay Dial In Toll Free from Canada or the USA. .........1-866-583-1035
    International .......................................011-44-208-196-1998

    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 both primary and secondary 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

     "Neither TSX Venture Exchange nor its Regulation Services Provider (as
      that term is defined in the policies of the TSX Venture Exchange)
    accepts responsibility for the adequacy or accuracy of this release."

For further information:

For further information: Darren Latoski, Acting Chief Executive Officer,
Andrew Greig, 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, E-mail: agreig@piret.ca,

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