VANCOUVER,
Aug. 19, 2011 /PRNewswire/ - Pure
Industrial Real Estate Trust ("PIRET") (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 August 2011
(equivalent to $0.30 per trust unit
on an annualized basis). This distribution will be paid on
September 15, 2011 to unitholders of
record at the close of business on August
31, 2011.
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's units are listed on the TSX Venture Exchange under the
symbol AAR.UN.
For more information on PIRET, visit our website at
www.piret.ca.
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
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.
About the 2011 TSX Venture 50
The 2011 TSX Venture 50 is comprised of ten companies from each
of five sectors: Clean Technology, Mining, Oil & Gas,
Diversified Industries, and Technology & Life Sciences. The
2011 TSX Venture 50 companies were chosen based on the following
criteria, with equal weighting assigned to each: share price
appreciation, trading volume, market capitalization growth and
analyst coverage. PIRET was selected to the 2011 TSX Venture 50 in
the Diversified Industries category.
THE TSX VENTURE 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)