VANCOUVER,
Nov. 14, 2017 /CNW/ - Pure Industrial Real Estate
Trust (the "Trust") (TSX: AAR.UN) today announced that its Board of
Trustees has approved a cash distribution of $0.026 per trust unit (equivalent to $0.312 per trust unit on an annualized basis) for
the month of November 2017. This
distribution will be paid on December 15,
2017 to unitholders of record at the close of business on
November 30, 2017.
The policy of the 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.
The Trust's units are listed on the TSX under the symbol
AAR.UN. The Trust currently has 305,880,218 units issued and
outstanding.
ABOUT PURE INDUSTRIAL REAL ESTATE TRUST
Pure Industrial Real Estate Trust is an unincorporated,
open-ended investment trust that owns and operates a diversified
portfolio of income-producing industrial properties in leading
markets across Canada and key
distribution and logistics markets in the
United States. The Trust is an internally managed REIT and
is one of the largest publicly-traded REITs in Canada that offers investors exposure to
industrial real estate assets in Canada and the
United States.
Additional information about the Trust is available
at http://www.piret.ca or
www.sedar.com.
Toronto Stock Exchange – AAR.UN
THE TORONTO
STOCK 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)