VANCOUVER,
Jan. 19, 2018 /CNW/ -
Pure Multi-Family REIT LP ("Pure Multi-Family") (TSXV: RUF.U,
RUF.UN, RUF.DB.U; OTCQX: PMULF) announced today that the Board of
Directors of Pure Multi-Family REIT (GP) Inc., the governing
general partner of Pure Multi-Family, has approved a cash
distribution of US$0.03125 per unit
for the month of January 2018
(equivalent to US$0.375 per unit on
an annualized basis).
The distribution will be paid on February 15, 2018 to unitholders of record at the
close of business on January 31,
2018.
The policy of Pure Multi-Family 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.
Pure Multi-Family currently has 76,729,771 units issued and
outstanding.
About Pure Multi-Family REIT LP
Pure Multi-Family is a Canadian based,
publically traded vehicle which offers investors exclusive exposure
to attractive, institutional quality U.S. multi-family
real estate assets.
Additional information about Pure Multi-Family is
available at puremultifamily.com
or
sedar.com.
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION
SERVICES PROVIDER (AS THAT TERM IS DEFINED IN POLICIES OF THE TSX
VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR
ACCURACY OF THIS RELEASE.
SOURCE Pure Multi-Family REIT LP