Stock Name: AX.UN
Amount: CAD 0.09
Announcement Date: 15/05/2012
Record Date: 29/05/2012
Dividend Detail:
WINNIPEG, May 15, 2012 /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, 2012. The cash distributions
will be made on June 15, 2012 to Unitholders of record on May 31, 2012.
As at the date hereof, there are an aggregate of 101,744,403 Units
issued and outstanding.
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 17.8 million square feet of leasable area in 169
properties. Leasable area by asset class is approximately 22.0% retail,
37.8% office and 40.2% industrial. The portfolio is located 9.4% in
British Columbia, 29.9% in Alberta, 5.6% in Saskatchewan, 20.1% in
Manitoba, 11.2% in Ontario and 23.8% in the U.S.
The Toronto Stock Exchange does not accept responsibility for the
adequacy or accuracy of this press release.
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
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