Bay Street News

Pure Industrial Real Estate Trust Announces Appointment of Teresa Neto as Chief Financial Officer

VANCOUVER, BC–(Marketwired – September 16, 2016) – Pure Industrial Real Estate Trust (“PIRET” or the “Trust”) (TSX: AAR.UN) is pleased to announce the appointment of Teresa Neto as Chief Financial Officer of PIRET effective September 26, 2016.

Ms. Neto has over 20 years of experience as a senior financial executive, most recently as Chief Financial Officer of Northwest Healthcare Properties REIT. Ms. Neto was also Chief Financial Officer and Vice President of Financial Reporting of the Real Property Association of Canada (REALpac) from 2006 to 2010, where she led policy recommendations on IFRS and Canadian GAAP for the real estate industry.

Ms. Neto holds a CPA, CA designation from the Chartered Professional Accountants of Canada.

“We are very pleased to welcome Teresa as our new CFO,” commented Kevan Gorrie, President and Chief Executive Officer. “Teresa has a proven track record in corporate finance, reporting and capital planning for real estate companies, with a deep knowledge of the capital markets. She will be a great addition to our leadership team moving forward.”

Ms. Neto will be located in the Trust’s offices in Toronto, Ontario.

About Pure Industrial Real Estate Trust

PIRET is an unincorporated, open-ended investment trust that owns and operates a diversified portfolio of income-producing industrial properties in leading markets. PIRET is an internally managed REIT that focuses exclusively on investing in industrial properties.

Additional information about the PIRET is available at www.piret.ca or www.sedar.com.

Toronto Stock Exchange – AAR.UN

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:

Kevan Gorrie
President and Chief Executive Officer

Pure Industrial Real Estate Trust
Suite 2420, 150 King Street West, PO Box 72
Toronto, ON M5H 1J9
Phone: (416) 479-8591 or (888) 681-5959
E-mail: kgorrie@piret.ca

Andrew Greig
Director of Investor Relations

Pure Industrial Real Estate Trust
Suite 910, 925 West Georgia Street
Vancouver, BC V6C 3L2
Phone: (604) 398-2836 or (888) 681-5959
E-mail: agreig@piret.ca