VANCOUVER, Feb. 18, 2014 /CNW/ - Pure Multi-Family REIT LP ("Pure Multi") (TSXV: RUF.U, RUF.DB.U; OTCQX: PMULF) announced today that the Board of Directors of Pure Multi-Family REIT (GP) Inc., the governing general partner of Pure Multi, has approved a cash distribution of US$0.03125 per unit for the month of February, 2014 (equivalent to US$0.375 per unit on an annualized basis). The distribution will be paid on March 17, 2014 to unitholders of record at the close of business on February 28, 2014.
The policy of Pure Multi 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.
Pure Multi currently has 24,089,000 units issued and outstanding.
Steve Evans, CEO, Samantha Adams, VP, and Scott Shillington, CFO, of Pure Multi will host a conference call at 4:00pm (EST), 1:00pm (PST), on Wednesday March 12, 2014, to review the financial results and corporate developments for the three months and one year period ended December 31, 2013.
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 Pure Multi-Family REIT LP Conference Call.
Dial in numbers
|Toll Free dial in number (from Canada and USA)||1-888-390-0546|
|International or Local Toronto||1-416-764-8688|
Conference Call Replay
If you cannot participate on March 12, 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 120 minutes after the meeting end time, and the replay will be available until March 19, 2014.
Please enter the Replay ID# 472430, followed by the # key.
|Replay Dial in number (Toll Free from Canada or the USA)||1-888-390-0541|
|International or Local Toronto||1-416-764-8677|
About Pure Multi-Family REIT LP
Pure Multi is a Canadian based, publically traded vehicle which offers investors exclusive exposure to U.S. multi-family real estate assets. Pure Multi's units are USD denominated and allow investors the opportunity to buy into under-valued American hard assets.
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
SOURCE: Pure Multi-Family REIT LP
For further information:
Director of Investor Relations
Pure Multi-Family REIT LP
Suite 910, 925 West Georgia Street
Vancouver, BC V6C 3L2
Phone: (604) 681-5959 or (888) 681-5959