The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Press release from CNW Group


Monday, June 13, 2011

ARTIS REAL ESTATE INVESTMENT TRUST ANNOUNCES MONTHLY CASH DISTRIBUTION18:12 EDT Monday, June 13, 2011WINNIPEG, June 13, 2011 /CNW/ - Artis Real Estate Investment Trust (TSX: AX.UN) ("Artis" or the "REIT") announced that its trustees have declared its regular monthly cash distribution of $0.09 per trust unit ("Unit") of Artis for the month of June, 2011. The cash distributions will be made on July 15, 2011 to Unitholders of record on June 30, 2011.As at the date hereof, there are an aggregate of 76,016,850 Units issued and outstanding.*********Artis is a diversified Canadian real estate investment trust investing in office, industrial and retail properties. Since 2004, Artis has executed an aggressive but disciplined growth strategy, building a portfolio of commercial properties in Canada and the United States, with a major focus on Western Canada. Artis' commercial property comprises over 16.6 million square feet of leasable area in 162 properties. Leasable area by asset class is approximately 22.3% retail, 35.0% office and 42.7% industrial. The portfolio is located 9.7% in British Columbia, 29.1% in Alberta, 5.6% in Saskatchewan, 21.0% in Manitoba, 12.0% in Ontario and 22.6% in the U.S.The Toronto Stock Exchange does not accept responsibility for the adequacy or accuracy of this press release.For further information: Mr. Armin Martens, President and Chief Executive Officer, Mr. Jim Green, Chief Financial Officer or Ms. Kirsty Stevens, Chief Administrative Officer at 1.204.947.1250