Skip to main content

Artis Real Estate Investment Trust Units (AX-UN-T) Quote - Press Release

Unchecking box will stop auto data updates
TSX Real-Time Last Sale CAD
Today's Change
Volume
Price Quote as of

More stories below advertisement

Artis Real Estate Investment Trust Announces Timing of Release of Q3-19 Results and Conference Call

CNW Group - Tue Oct 8, 4:00PM CDT

Artis Real Estate Investment Trust (TSX:AX-UN.TO) ("Artis" or the "REIT") announced today that it intends to release its financial results for the quarter ended September 30, 2019, on Monday, November 4, 2019.

Interested parties are invited to participate in a conference call with management on Monday, November 4, 2019, at 4:00 p.m. CT (5:00 p.m. ET). In order to participate, please dial 1-416-764-8688 or 1-888-390-0546. You will be required to identify yourself and the organization on whose behalf you are participating.

Alternatively, you may access the simultaneous webcast by following the link from our website at http://www.artisreit.com/investor-link/conference-calls/. Prior to the webcast, you may follow the link to confirm you have the right software and system requirements.

If you cannot participate on Monday, November 4, 2019, a replay of the conference call will be available by dialing 1-416-764-8677 or 1-888-390-0541 and entering passcode 298571#. The replay will be available until Wednesday, December 4, 2019. The webcast will be archived 24 hours after the end of the conference call and will be accessible for 90 days.

*********

Artis is a diversified Canadian real estate investment trust investing in office, retail and industrial properties. Since 2004, Artis has executed an aggressive but disciplined growth strategy, building a portfolio of commercial properties in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario and select markets in the United States. As of June 30, 2019, Artis' commercial property comprises approximately 24.9 million square feet of leasable area.

During the three months ended June 30, 2019, Property Net Operating Income ("Property NOI") by asset class, including Artis' proportionate share of properties held in joint venture arrangements, was approximately 52.2% office, 19.5% retail, and 28.3% industrial. Property NOI by geographical region, including Artis' proportionate share of properties held in joint venture arrangements, was approximately 2.9% in British Columbia, 18.9% in Alberta, 6.4% in Saskatchewan, 12.9% in Manitoba, 11.4% in Ontario, 11.3% in Arizona, 19.9% in Minnesota, 8.8% in Wisconsin and 7.5% in U.S. - Other.

Property NOI is a non-GAAP measure. Artis calculates Property NOI as revenues less property operating expenses such as utilities, repairs and maintenance and realty taxes. Property NOI does not include charges for interest or other expenses not specific to the day-to-day operation of the REIT's properties.

The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this press release.

SOURCE Artis Real Estate Investment Trust

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/October2019/08/c6289.html

SOURCE: Artis Real Estate Investment Trust

Mr. Armin Martens, President and Chief Executive Officer, Mr. Jim Green, Chief
Financial Officer or Ms. Heather Nikkel, Vice-President - Investor Relations of the
REIT at 1.204.947.1250

More stories below advertisement

All market data (will open in new tab) is provided by Barchart Solutions. Copyright © 2019.

Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. For exchange delays and terms of use, please read disclaimer (will open in new tab).

To view this site properly, enable cookies in your browser. Read our privacy policy to learn more.
How to enable cookies