Pure Industrial Real Estate Trust Provides an Update Regarding the Recent Flooding in Southern Alberta

VANCOUVER, June 24, 2013 /CNW/ - Pure Industrial Real Estate Trust ("PIRET") (TSX: AAR.UN) would like to provide an update regarding the status of its properties in Southern Alberta.

Management has been in contact with our tenants in and around the Calgary area and wishes to report no injuries or flood damage at this time.  We will continue to monitor the situation and assist wherever we can. We will also provide updates if the situation changes.

PIRET's team and Board of Trustees would like to express their sympathy for those who suffered injuries, lost their homes or businesses or have been displaced by the devastating floods that have struck Southern Alberta.

About Pure Industrial Real Estate Trust

PIRET is an unincorporated, open-ended investment trust that acquires, owns and operates 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 internally managed publicly traded REIT 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)

Andrew Greig,
Director of Investor Relations
Suite 910, 925 West Georgia Street
Vancouver, BC  V6C 3L2
Phone: [phone] or [phone]
E-mail: [email protected]

TSX - AAR.UN