VANCOUVER, July 18, 2012 /PRNewswire/ - 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 July 2012 (equivalent to
$0.30 per trust unit on an annualized
basis). This distribution will be paid on August 15, 2012 to unitholders of record at the
close of business on July 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
66,483,054 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 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
NEITHER THE TSX VENTURE EXCHANGE NOR ITS
REGULATION SERVICES PROVIDER (as that term is defined in the
policies of the TSX Venture Exchange) HAS REVIEWED OR ACCEPTS
RESPONSIBILITY FOR THE ADEQUACY OR THE ACCURACY OF THIS
RELEASE.
SOURCE Pure Industrial Real Estate Trust (PIRET)