Artis Real Estate Investment Trust Announces Monthly Cash Distribution
March 15 2012 - 5:00PM
PR Newswire (Canada)
WINNIPEG, March 15, 2012 /CNW/ - Artis Real Estate Investment Trust
("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 March, 2012. The cash
distributions will be made on April 13, 2012 to Unitholders of
record on March 31, 2012. As at the date hereof, there are an
aggregate of 94,903,100 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 nearly 17.0 million square feet of
leasable area in 165 properties. Leasable area by asset class is
approximately 21.7% retail, 36.8% office and 41.5% industrial. The
portfolio is located 9.5% in British Columbia, 29.5% in Alberta,
5.5% in Saskatchewan, 20.5% in Manitoba, 11.7% in Ontario and 23.3%
in the U.S. The Toronto Stock Exchange does not accept
responsibility for the adequacy or accuracy of this press release.
Artis Real Estate Investment Trust CONTACT: Mr. Armin Martens,
President and Chief Executive Officer, Mr. JimGreen, Chief
Financial Officer or Ms. Kirsty Stevens, ChiefAdministrative
Officer at 1.204.947.1250
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