WINNIPEG, MB , March 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 March 31, 2021 . The cash distributions will be made on March 31, 2021 to Series A Unitholders of record on March 31, 2021 . As at the date hereof, there are an aggregate of 3,352,500 Series A Units issued and outstanding.
- $0.342 per Series E preferred unit ("Series E Unit") of Artis for the quarter ending March 31, 2021 . The cash distributions will be made on March 31, 2021 to Series E Unitholders of record on March 31, 2021 . As at the date hereof, there are an aggregate of 3,781,474 Series E Units issued and outstanding.
*********
Artis is a diversified Canadian real estate investment trust investing primarily in industrial and office properties in select markets in Canada and the United States . Since 2004, Artis has executed an aggressive but disciplined growth strategy, building a portfolio of commercial properties which, as of December 31, 2020 , comprised approximately 22.9 million square feet of leasable area. Artis is focused on growing its industrial portfolio through strategic development projects in its target markets.
Suite 600 – 220 Portage Avenue
Winnipeg , MB R3C 0A5
T 204.947.1250 F 204.947.0453
www.artisreit.com
AX.UN on the TSX
SOURCE Artis Real Estate Investment Trust
View original content to download multimedia: http://www.newswire.ca/en/releases/archive/March2021/15/c2469.html