Pure Industrial Real Estate Trust Announces Cash Distribution for February 2012
February 18 2012 - 7:25AM
PR Newswire (Canada)
VANCOUVER, Feb. 20, 2012 /CNW/ - Pure Industrial Real Estate Trust
("PIRET" or "REIT") today announced that its Board of Trustees has
approved a cash distribution of $0.025 per trust unit for the month
of February 2012 (equivalent to $0.30 per trust unit on an
annualized basis). This distribution will be paid on March 15, 2012
to unitholders of record at the close of business on February 29,
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 58,703,903 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. Pure Industrial Real Estate Trust
(PIRET) CONTACT: Andrew Greig,Director of Investor RelationsPure
Industrial Real Estate Trust (PIRET)Suite 910, 925 West Georgia
StreetVancouver, BC V6C 3L2Phone: (604) 681-5959 or (888)
681-5959E-mail: agreig@piret.cawww.piret.caTSX Venture Exchange -
AAR.UN
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