Tuesday, March 20, 2012

AAR.UN - <span class="simulate_din_font">Pure Industrial Real Estate Trust Announces Cash Distribution for March 2012</span> (CAD 0.025)

Company: Pure Industrial Real Estate Trust
Stock Name: AAR.UN
Amount: CAD 0.025
Announcement Date: 20/03/2012
Record Date: 28/03/2012

Dividend Detail:




VANCOUVER, March 20, 2012 /CNW/ - Pure Industrial Real Estate Trust ("PIRET" or "REIT") (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 March 2012
(equivalent to $0.30 per trust unit on an annualized basis). This
distribution will be paid on April 16, 2012 to unitholders of record at
the close of business on March 30, 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 Venture Exchange under the symbol
AAR.UN.�� The REIT currently has 66,407,003 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 2012 TSX Venture 50



The 2012 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 2012 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
2012 TSX Venture 50 in the Diversified Industries category.



TSX Venture Exchange - AAR.UN




NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER
(as that term is defined in the policies of the TSX Venture Exchange)
HAS REVIEWED OR ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR THE ACCURACY
OF THIS RELEASE.



For further information:

Andrew Greig,
Director of Investor Relations

Pure Industrial�� Real Estate Trust (PIRET)
Suite 910, 925 West Georgia Street
Vancouver, BC�� V6C 3L2
Phone: (604) 681-5959 or (888) 681-5959
E-mail:��agreig@piret.ca
www.piret.ca









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