WINNIPEG, Jan. 17 /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 January, 2011. The cash
distributions will be made on February 15, 2011 to Unitholders of
record on January 31, 2011.
As at the date hereof, there are an aggregate of 75,477,308 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 investment properties, with a major focus on
Western Canada. Artis' commercial property comprises over 12.6 million
square feet of leasable area in 134 properties. Leasable area by asset
class is approximately 26.2% retail, 35.7% office and 38.1% industrial.
The portfolio is located 12.7% in B.C., 37.8% in Alberta, 5.1% in
Saskatchewan, 25.8% in Manitoba, 7.5% in Ontario and 11.1% 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:
please contact 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