VANCOUVER,
Dec. 19, 2011 /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 December 2011
(equivalent to $0.30 per trust unit
on an annualized basis). This distribution will be paid on
January 16, 2012 to unitholders of
record at the close of business on December
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 has 50,423,903 units issued and outstanding
units and the REIT'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)