Pure Industrial Real Estate Trust T.AAR.UN

Harvey update

[maypeters]

Pure Industrial Real Estate Trust (AAR.UN-T) provided a preliminary property assessment after markets closed on Tuesday of the impact of Tropical Storm Harvey on its properties in and around Houston and Austin.

The trust says it owns two industrial properties in the Cedar Port Industrial Park, approximately 55 kilometres east of downtown Houston. "The trust has had ongoing communication with its tenant who has informed us that both properties have sustained only minor damage," it stated. 

It also said its properties in the San Antonio and Austin areas of Texas "were not impacted by the storm," based on information from the tenant.

[lumberjack9]

Ya! that`s all good of course,but I am just wondering why this reit is not doing better share value;and why the dividends are somewhat stagment.I bought in at $6.05 and sastisfied so far;just wondering why this little reit no doing any better????Pete in a nutshell?:)