WINNIPEG, Nov. 16, 2011 /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 November, 2011. The cash
distributions will be made on December 15, 2011 to Unitholders of
record on November 30, 2011.
As at the date hereof, there are an aggregate of 83,628,486 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 nearly 16.7 million square feet of leasable area in 162
properties. Leasable area by asset class is approximately 22.1% retail,
35.7% office and 42.2% industrial. The portfolio is located 9.6% in
British Columbia, 30.0% in Alberta, 5.6% in Saskatchewan, 20.7% in
Manitoba, 11.9% in Ontario and 22.2% 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