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Pure Industial RET (T:AAR) has notable insider buying

Chart shows all insider (exclusing issuers) public market transactions of directly and indirectly held equity securities as reported in SEDI
Published Friday Oct 14, 2016 12:00 AM EDT
James K. Bogusz, a Director, acquired 6,000 Trust Units on a direct ownership basis at a price of $5.350 through a prospectus or prospectus exempt offering on October 13th, 2016. The insider also acquired 4,000 Trust Units on an indirect ownership basis for registered holder Heather Friesen at a price of $5.350 through a prospectus or prospectus exempt offering on October 13th, 2016. This represents a $53,500 investment into the company's shares and an account share holdings change of 43.2%.

Pure Industrial Real Estate Trust (PIRET) is a Canada-based unincorporated, open-ended investment trust that owns and operates a portfolio of income-producing industrial properties. The Trust's primary objectives are to generate stable and growing cash distributions from investments in income producing industrial properties in markets across Canada and distribution and logistics markets in the United States; to maximize the long-term value of the properties through active management, and to expand its asset base and increase its distributable income through an accretive acquisition program. The Trust operates through five segments, which include British Columbia (BC), Alberta (AB), Ontario (ON), the United States of America (USA) and Other. PIRET is a real estate investment trust (REIT) that focuses on investing in industrial properties. Its subsidiaries include PIRET Holdings (Canada) Ltd., PIRET USA Inc., PIRET Management Corporation and PIRET Management LP.

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