Artis Real Estate Investment Trust Announces Quarterly Cash Distributions
June 13 2013 - 5:00PM
Marketwired
Artis Real Estate Investment Trust ("Artis")
(TSX:AX.PR.A)(TSX:AX.PR.U)(TSX:AX.PR.E) announced that its trustees
have declared the following quarterly cash distributions:
-- $0.328125 per Series A preferred unit ("Series A Unit") of Artis for the
quarter ending June 30, 2013. The cash distributions will be made on
June 28, 2013 to Series A Unitholders of record on June 28, 2013. As at
the date hereof, there are an aggregate of 3,450,000 Series A Units
issued and outstanding.
-- US $0.328125 per Series C preferred unit ("Series C Unit") of Artis for
the quarter ending June 30, 2013. The cash distributions will be made on
June 28, 2013 to Series C Unitholders of record on June 28, 2013. As at
the date hereof, there are an aggregate of 3,000,000 Series C Units
issued and outstanding.
-- $0.3286 per Series E preferred unit ("Series E Unit") of Artis for the
initial period ending June 30, 2013. The cash distributions will be made
on June 28, 2013 to Series E Unitholders of record on June 28, 2013. As
at the date hereof, there are an aggregate of 4,000,000 Series E 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 24.7 million square feet of
leasable area in 230 properties. Leasable area by asset class is
approximately 18.4% retail, 33.6% office and 48.0% industrial. The
portfolio is located 7.5% in British Columbia, 25.9% in Alberta,
5.3% in Saskatchewan, 15.2% in Manitoba, 15.8% in Ontario and 30.3%
in the U.S.
The Toronto Stock Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this press
release.
Contacts: Artis Real Estate Investment Trust Mr. Armin Martens
President and Chief Executive Officer 1.204.947.1250 Artis Real
Estate Investment Trust Mr. Jim Green Chief Financial Officer
1.204.947.1250 Artis Real Estate Investment Trust Ms. Kirsty
Stevens Chief Administrative Officer 1.204.947.1250
www.artisreit.com
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