Artis Real Estate Investment Trust Announces Quarterly Cash Distributions

WINNIPEG, MB, Sept. 15, 2021 /CNW/ - Artis Real Estate Investment Trust ("Artis" or "the REIT") (TSX: AX.PR.A) (TSX: AX.PR.E) announced that its trustees have declared the following quarterly cash distributions:

• $0.353875 per Series A preferred unit ("Series A Unit") of Artis for the quarter ending September 30, 2021. The cash distributions will be made on September 29, 2021 to Series A Unitholders of record on September 29, 2021. As at the date hereof, there are an aggregate of 3,312,100 Series A Units issued and outstanding.
• $0.342 per Series E preferred unit ("Series E Unit") of Artis for the quarter ending September 30, 2021. The cash distributions will be made on September 29, 2021 to Series E Unitholders of record on September 29, 2021. As at the date hereof, there are an aggregate of 3,740,330 Series E Units issued and outstanding.

Artis is a diversified Canadian real estate investment trust with a portfolio of industrial, office and retail properties in Canada and the United States. Artis' vision is to build a best-in-class asset management and investment platform focused on growing net asset value per unit and distributions for investors through value investing in real estate.

SOURCE Artis Real Estate Investment Trust

Copyright 2021 Canada NewsWire