Pure Industrial Real Estate Trust Receives Court Approval for Arrangement with Blackstone PR Newswire VANCOUVER, March 29, 2018 VANCOUVER, March 29, 2018 /PRNewswire/ - Pure Industrial Real Estate Trust (TSX:AAR) (the "Trust") announced today that the Supreme Court of British Columbia has issued a final order approving its previously-announced plan of arrangement, pursuant to which an affiliate of Blackstone Property Partners, the Core+ real estate investment unit of Blackstone, will acquire all of the issued and outstanding trust units of the Trust (each, a "Unit") for $8.10 per Unit in cash (the "Transaction").