Pure Industrial Real Estate Trust Begins Trading on the TSX Venture Exchange Friday, august 24th, 2007



    /NOT INTENDED FOR DISTRIBUTION TO UNITED STATES/

    VANCOUVER, Aug. 23 /CNW/ - Pure Industrial Real Estate Trust ("PIRET")
announced today that its trust units will begin trading on the TSX Venture
Exchange under the Symbol AAR.UN.
    Effective at the opening August 24, 2007, the Units of the Company will
commence trading on TSX Venture Exchange. The Company is classified as a 'Real
Estate' company.

    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 will focus exclusively on investing in industrial
properties and will be the only publicly traded vehicle in Canada that offers
investors exclusive exposure to Canada's industrial asset class.

    This news release is intended for distribution in Canada only and is not
    intended for distribution to United States newswire services or
    dissemination in the United States. The securities being offered have
    not, nor will they be registered under the United States Securities Act
    of 1933, as amended, and may not be offered or sold within the United
    States or to, or for the account or benefit of, U.S. persons absent U.S.
    registration or an applicable exemption from the U.S. registration
    requirements. This release does not constitute an offer for sale of
    securities in the United States.

    The TSX Venture Exchange has not reviewed and does not accept
    responsibility for the adequacy or accuracy of this release.

    Additional information about PIRET is available at www.sedar.com.


    "Darren Latoski"
    ------------------------

    Darren Latoski, Trustee





For further information:

For further information: Darren Latoski, (604) 681-5959


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890