businesspress24.com - Artis Real Estate Investment Trust Announces Monthly Cash Distribution
 

Artis Real Estate Investment Trust Announces Monthly Cash Distribution

ID: 1244792

(firmenpresse) - WINNIPEG, MANITOBA -- (Marketwired) -- 07/11/13 -- Artis Real Estate Investment Trust ("Artis") (TSX: AX.UN) announced that its trustees have declared its regular monthly cash distribution of $0.09 per trust unit ("Unit") of Artis for the month of July, 2013. The cash distributions will be made on August 15, 2013 to Unitholders of record on July 31, 2013.

As at the date hereof, there are an aggregate of 125,998,798 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 24.8 million square feet of leasable area in 231 properties. Leasable area by asset class is approximately 18.3% retail, 33.5% office and 48.2% industrial. The portfolio is located 7.4% in British Columbia, 26.1% in Alberta, 5.3% in Saskatchewan, 15.2% in Manitoba, 15.8% in Ontario and 30.2% 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




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Bereitgestellt von Benutzer: Marketwired
Datum: 11.07.2013 - 15:30 Uhr
Sprache: Deutsch
News-ID 1244792
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WINNIPEG, MANITOBA


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Commercial Real Estate


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