The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Globe Investor

News Sources

Take control of your investments with the latest investing news and analysis

Press release from CNW Group

Pure Industrial Real Estate Trust announces cash distribution for February 2013

Tuesday, February 19, 2013

Pure Industrial Real Estate Trust announces cash distribution for February 201309:25 EST Tuesday, February 19, 2013VANCOUVER, Feb. 19, 2013 /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 $0.026 per trust unit for the month of February 2013 (equivalent to $0.312 per trust unit on an annualized basis). This distribution will be paid on March 15, 2013 to unitholders of record at the close of business on February 28, 2013.The policy of PIRET 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 98,717,888 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 one of the largest publicly traded vehicles in Canada that offer investors exclusive exposure to Canada's industrial asset class.PIRET's trust units are listed on the Toronto Stock Exchange under the symbol AAR.UN.  Additional information about the REIT is available at www.piret.ca or www.sedar.com.TSX - AAR.UNTHE 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)