Artis REIT announces timing of release of financial results for the quarter ended June 30, 2009

    WINNIPEG, June 18 /CNW/ - Artis Real Estate Investment Trust (TSX: AX.UN)
("Artis" or the "REIT") announced today that on Wednesday, August 12, 2009,
prior to the open of the Toronto Stock Exchange, it will release its financial
results for the three and six month periods ended June 30, 2009.
    Interested parties are invited to participate in a conference call with
management the following day: Thursday, August 13, 2009 at 12:00 noon CST
(1:00 p.m. EST). In order to participate, please dial 1-416-340-8018 or
1-866-223-7781. You will be required to identify 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 Prior to
the webcast, you may follow the link to confirm you have the right software
and system requirements.
    If you cannot participate on August 13, 2009, a replay of the conference
call will be available by dialing 1-416-695-5800 or 1-800-408-3053 and
entering passcode No.2038533. The replay will be available until August 27,
2009. The webcast wil 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. 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' commercial property comprises approximately 6.3 million square
feet of leasable area in 85 properties. Leasable area is approximately 30.7%
in Manitoba, 7.8% in Saskatchewan, 55.7% in Alberta, and 5.8% in B.C.; by
asset class the portfolio is 31.4% retail, 41.0% office and 27.6% 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

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