Artis Real Estate Investment Trust Announces Quarterly Cash Distributions

WINNIPEG, MANITOBA--(Marketwired - June 13, 2013) - Artis Real Estate Investment Trust ("Artis") (TSX:AX.PR.A)(TSX:AX.PR.U)(TSX:AX.PR.E) announced that its trustees have declared the following quarterly cash distributions:

• $0.328125 per Series A preferred unit ("Series A Unit") of Artis for the quarter ending June 30, 2013. The cash distributions will be made on June 28, 2013 to Series A Unitholders of record on June 28, 2013. As at the date hereof, there are an aggregate of 3,450,000 Series A Units issued and outstanding.
• US $0.328125 per Series C preferred unit ("Series C Unit") of Artis for the quarter ending June 30, 2013. The cash distributions will be made on June 28, 2013 to Series C Unitholders of record on June 28, 2013. As at the date hereof, there are an aggregate of 3,000,000 Series C Units issued and outstanding.
• $0.3286 per Series E preferred unit ("Series E Unit") of Artis for the initial period ending June 30, 2013. The cash distributions will be made on June 28, 2013 to Series E Unitholders of record on June 28, 2013. As at the date hereof, there are an aggregate of 4,000,000 Series E 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 24.7 million square feet of leasable area in 230 properties. Leasable area by asset class is approximately 18.4% retail, 33.6% office and 48.0% industrial. The portfolio is located 7.5% in British Columbia, 25.9% in Alberta, 5.3% in Saskatchewan, 15.2% in Manitoba, 15.8% in Ontario and 30.3% in the U.S.

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