ARTIS REAL ESTATE INVESTMENT TRUST ANNOUNCES QUARTERLY CASH DISTRIBUTION

WINNIPEG, MB, Dec. 14, 2023 /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 December 31, 2023. The cash distributions will be made on December 29, 2023, to Series E Unitholders of record on December 29, 2023.

As at the date hereof, there are an aggregate of 3,248,009 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's 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.

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

Mr. Samir Manji, President and Chief Executive Officer, Ms. Jaclyn Koenig, Chief Financial Officer, or Ms. Heather Nikkel, Senior Vice-President - Investor Relations and Sustainability of the REIT at 1.204.947.1250