VANCOUVER, Nov. 18, 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
November 2011 (equivalent to
$0.30 per trust unit on an annualized
basis). This distribution will be paid on December 15, 2011 to unitholders of record at the
close of business on November 30,
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. PIRET has 50,423,903 units issued
and outstanding.
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)