ARTIS REAL ESTATE INVESTMENT TRUST ANNOUNCES QUARTERLY CASH DISTRIBUTION

WINNIPEG, MB, June 17, 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 June 30, 2024. The cash distributions will be made on June 28, 2024, to Series E Unitholders of record on June 28, 2024.

As at the date hereof, there are an aggregate of 3,029,409 Series E Units issued and outstanding.

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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 become a best-in-class real estate asset management and investment platform focused on value investing.

SOURCE Artis Real Estate Investment Trust

For further information please contact 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.