WINNIPEG, May 12 /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 May, 2011. The cash distributions will be made
on June 15, 2011 to Unitholders of record on May 31, 2011.
As at the date hereof, there are an aggregate of 75,880,955 Units issued
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 14.8 million square feet of leasable area in 148
properties. Leasable area by asset class is approximately 21.9% retail,
32.7% office and 45.4% industrial. The portfolio is located 10.9% in
British Columbia, 32.7% 32.7% in Alberta, 4.3% in Saskatchewan, 21.4%
in Manitoba, 8.9% in Ontario and 21.8% in the U.S.
The Toronto Stock Exchange does not accept responsibility for the
adequacy or accuracy of this press release.
SOURCE Artis Real Estate Investment Trust
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