PURE INDUSTRIAL REAL ESTATE TRUST ANNOUNCES CASH DISTRIBUTION FOR MAY 2011
19 Maggio 2011 - 1:04AM
PR Newswire (Canada)
VANCOUVER, May 18 /CNW/ -- VANCOUVER, May 18 /CNW/ - 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 May, 2011
(equivalent to $0.30 per trust unit on an annualized basis). This
distribution will be paid on June 15, 2011 to unitholders of record
at the close of business on May 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. PIRET
has 50,371,263 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. To
view this news release in HTML formatting, please use the following
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table tr valign="top" td align="left" Andrew Greig,br/ Director of
Investor Relationsbr/ br/ bPure Industrial Real Estate Trust
(PIRET)/bbr/ Suite 910, 925 West Georgia Streetbr/ Vancouver,
BC V6C 3L2br/ Phone: (604) 681-5959 or (888) 681-5959br/
E-mail: a href="mailto:agreig@piret.ca"agreig@piret.ca/abr/ a
href="http://www.piret.ca"www.piret.ca /abr/ br/ TSX Venture
Exchange - AAR.UN /td /tr /table
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