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Pure Industrial Real Estate Trust Announces Cash Distribution for May, June and July 2017

/EINPresswire.com/ -- VANCOUVER, BC--(Marketwired - May 12, 2017) - Pure Industrial Real Estate Trust (the "Trust") (TSX: AAR.UN) today announced that its Board of Trustees has approved a monthly cash distribution of $0.026 per trust unit (equivalent to $0.312 per trust unit on an annualized basis) for the months of April, May and June, 2017 as follows:

Month Distribution Amount Date Payable Record Date
May 2017 $0.026 per trust unit June 15, 2017 May 31, 2017
June 2017 $0.026 per trust unit July 17, 2017 June 30, 2017
July 2017 $0.026 per trust unit August 15, 2017 July 31, 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 269,694,872 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.

THE TORONTO STOCK EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR THE ACCURACY OF THIS RELEASE.

For more information please contact:
Sylvia Slaughter
Director of Investor Relations
(416) 479-8590 Ext 267
E-mail: sslaughter@piret.ca

Pure Industrial Real Estate Trust
Suite 910, 925 West Georgia Street
Vancouver, BC V6C 3L2
Phone: (888) 681-5959
www.piret.ca
Toronto Stock Exchange - AAR.UN