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WINNIPEG, MB, Dec. 17, 2024 /CNW/ - Artis Real Estate Investment Trust ("Artis" or the "REIT") (TSX: AX.UN) announced today that it has received approval from the Toronto Stock Exchange ("TSX") to renew its normal course issuer bid (the "Bid") for a further year.
Under the terms of the Bid, Artis may purchase up to 10% of the public float of trust units ("Units") and preferred units ("Preferred Units"). A maximum of 25% of the average daily trading volume may be purchased by Artis on any one day under its normal course issuer bid, except where purchases are made in accordance with "block purchases" exemptions under applicable TSX policies. Purchases pursuant to the Bid will be made through the facilities of the TSX and/or alternative Canadian trading systems. Artis will pay the market price at the time of acquisition for any Unit or Preferred Unit purchased through the facilities of the TSX and/or alternative Canadian trading systems and all Units and Preferred Units acquired by the REIT under this Bid will be cancelled. The period of the normal course issuer bid will extend from December 19, 2024, to December 18, 2025, or an earlier date, should Artis complete its purchases. Additional information pertaining to Units and each series of Preferred Units is as follows:
WINNIPEG, MB, Dec. 16, 2024 /CNW/ - Artis Real Estate Investment Trust ("Artis" or the "REIT") (TSX: AX.UN) announced that its trustees have declared a monthly cash distribution of $0.05 per trust unit ("Unit") of Artis for the month of December, 2024. The cash distributions will be made on January 15, 2025, to Unitholders on record as of December 31, 2024.
As at the date hereof, there are an aggregate of 101,172,851 Units issued and outstanding.
WINNIPEG, MB, Dec. 12, 2024 /CNW/ - Artis Real Estate Investment Trust ("Artis" or the "REIT") (TSX: AX.UN) announced today that it has concluded the strategic review process, first announced on August 2, 2023 (the "Strategic Review").
The Strategic Review was overseen by a special committee of trustees (the "Special Committee") and its external advisors and was initiated for the purpose of considering and evaluating strategic alternatives available to the REIT to unlock and maximize value for unitholders.
WINNIPEG, MB, Nov. 15, 2024 /CNW/ - Artis Real Estate Investment Trust ("Artis" or the "REIT") (TSX: AX.UN) announced that its trustees have declared a monthly cash distribution of $0.05 per trust unit ("Unit") of Artis for the month of November, 2024. The cash distributions will be made on December 13, 2024, to Unitholders on record as of November 30, 2024.
As at the date hereof, there are an aggregate of 101,958,651 Units issued and outstanding.
REPORTS DEBT TO GBV OF 39.8% AND AFFO PAYOUT RATIO OF 71.4%
WINNIPEG, MB, Nov. 7, 2024 Artis Real Estate Investment Trust ("Artis" or the "REIT") (TSX: AX.UN) (TSX: AX.PR.E) (TSX: AX.PR.I) announced today its financial results for the three and nine months ended September 30, 2024. The third quarter results in this press release should be read in conjunction with the REIT's consolidated financial statements and Management's Discussion and Analysis ("MD&A") for the period ended September 30, 2024. All amounts are in thousands of Canadian dollars, except per unit amounts or otherwise noted.
WINNIPEG, MB, Oct. 15, 2024 /CNW/ - Artis Real Estate Investment Trust ("Artis" or the "REIT") (TSX: AX.UN) announced that its trustees have declared a monthly cash distribution of $0.05 per trust unit ("Unit") of Artis for the month of October, 2024. The cash distributions will be made on November 15, 2024, to Unitholders on record as of October 31, 2024.
As at the date hereof, there are an aggregate of 103,084,651 Units issued and outstanding.
WINNIPEG, MB, Oct. 15, 2024 /CNW/ - Artis Real Estate Investment Trust ("Artis" or the "REIT") (TSX: AX.PR.I) announced that its trustees have declared a quarterly cash distribution of $0.4370625 per Series I preferred unit ("Series I Unit") of Artis for the quarter ending October 31, 2024. The cash distributions will be made on October 31, 2024, to Series I Unitholders of record on October 31, 2024.
WINNIPEG, MB, Oct. 1, 2024 /CNW/ - Artis Real Estate Investment Trust ("Artis" or the "REIT") (TSX: AX.UN) announced today that it intends to release its financial results for the quarter ended September 30, 2024, after the close of the Toronto Stock Exchange on Thursday, November 7, 2024.
A conference call with management will be held on Friday, November 8, 2024, at 12:00 p.m. CT (1:00 p.m. ET). In order to participate, please dial 1-437-900-0527 or 1-888-510-2154. You will be required to identify yourself and the organization on whose behalf you are participating.
WINNIPEG, MB, Sept. 16, 2024 /CNW/ - Artis Real Estate Investment Trust ("Artis" or the "REIT") (TSX: AX.PR.E) announced that its trustees have declared a quarterly cash distribution of $0.449875 per Series E preferred unit ("Series E Unit") of Artis for the quarter ending September 30, 2024. The cash distributions will be made on September 27, 2024, to Series E Unitholders of record on September 27, 2024.
WINNIPEG, MB, Sept. 16, 2024 /CNW/ - Artis Real Estate Investment Trust ("Artis" or the "REIT") (TSX: AX.UN) announced that its trustees have declared a monthly cash distribution of $0.05 per trust unit ("Unit") of Artis for the month of September, 2024. The cash distributions will be made on October 15, 2024, to Unitholders on record as of September 30, 2024.
As at the date hereof, there are an aggregate of 103,896,351 Units issued and outstanding.