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Press release from CNW Group

Pure Industrial Real Estate Trust Announces Cash Distribution for October 2012

Friday, October 19, 2012

Pure Industrial Real Estate Trust Announces Cash Distribution for October 201209:25 EDT Friday, October 19, 2012/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./VANCOUVER, Oct. 19, 2012 /CNW/ - Pure Industrial Real Estate Trust ("PIRET" or "REIT") (TSX: AAR.UN) today announced that its Board of Trustees has approved a cash distribution of $0.025 per trust unit for the month of October 2012 (equivalent to $0.30 per trust unit on an annualized basis). This distribution will be paid on November 15, 2012 to unitholders of record at the close of business on October 31, 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 under the symbol AAR.UN.  The REIT currently has 73,403,154 units issued and outstanding.About Pure Industrial Real Estate Trust 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 largest 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.The Toronto Stock Exchange has not reviewed nor approved the contents of this press release and does not accept responsibility for the adequacy or accuracy of this press release.SOURCE: Pure Industrial Real Estate Trust (PIRET)For further information: Andrew Greig, Director of Investor Relations Pure Industrial Real Estate Trust Suite 910, 925 West Georgia Street Vancouver, BC  V6C 3L2 Phone: (604) 681-5959 or (888) 681-5959 E-mail: agreig@piret.ca  TSX - AAR.UN