WINNIPEG, Feb. 20 /CNW/ - Artis Real Estate Investment Trust (TSX: AX.UN)
("Artis" or the "REIT") announced today that on the morning of Monday, March
24, 2008, it will release its financial results for the three and twelve month
periods ended December 31, 2007.
Interested parties are invited to participate in a conference call with
management at 1:00 p.m. EST that same day. In order to participate, please
dial 1-416-641-6135 or 1-866-542-4262. You will be required to indentify
yourself and the organization on whose behalf you are participating.
Alternatively, you may access the simultaneous webcast by following the
link from our website at http://www.artisreit.ca/areit_investor.php. Prior to
the webcast, you may follow the link to confirm you have the right software
and system requirements.
If you cannot participate on March 24th, a replay of the conference call
will be available by dialing 1-416-695-5800 or 1-800-408-3053 and entering
passcode No.3252529. The replay will be available until March 31, 2008. The
webcast will be archived 24 hours after the end of the conference call and
will be accessible for 90 days.
Artis is a growth-oriented real estate investment trust focused
exclusively on commercial properties located in primary and growing secondary
markets in western Canada, particularly in Alberta. The REIT's goal is to
provide Unitholders the opportunity to invest in high-quality western Canadian
office, retail and industrial properties, as well as to provide monthly cash
distributions that are stable, tax efficient, and growing over time.
Artis owns approximately $1.1 billion of commercial property, comprising
approximately 6.2 million square feet of leasable area in 82 properties.
Leasable area is approximately 31.4% in Manitoba, 6.7% in Saskatchewan, 56.2%
in Alberta, and 5.7% in B.C.; by asset class the portfolio is 31.7% retail,
42.6% office and 25.7% industrial.
The REIT's Distribution Reinvestment Plan ("DRIP") allows Unitholders to
have their monthly cash distributions used to purchase trust units without
incurring commission or brokerage fees, and receive bonus units equal to 4% of
their monthly cash distributions. More information can be obtained at
The Toronto Stock Exchange does not accept responsibility for the
adequacy or accuracy of this press release.
For further information:
For further information: Mr. Armin Martens, President and Chief
Executive Officer, Mr. Jim Green, Chief Financial Officer or Ms. Kirsty
Stevens, Senior VP - Investor Relations, (204) 947-1250