Big News for Investors! Huge Dividend Declared!
WINNIPEG, MB – December 16, 2024 – Artis Real Estate Investment Trust has made an exciting announcement for its investors. The trustees of Artis have confirmed a substantial quarterly cash distribution of $0.449875 per Series E preferred unit. This payment pertains to the upcoming quarter ending on December 31, 2024.
The distributions will reach Series E Unitholders who are on record by the end of this year, ensuring that investors will see this payment credited to them on the final day of December. Presently, Artis has a total of 2,940,809 Series E Units in circulation.
Artis is recognized as a prominent Canadian real estate investment trust, boasting a well-rounded portfolio that includes industrial, office, and retail properties across Canada and the United States. They are committed to becoming a leading player in real estate asset management, with a sharp focus on value-driven investments.
For more details, those interested can reach out to top executives at Artis. The dedicated team includes Mr. Samir Manji, the President and CEO, Ms. Jaclyn Koenig, the CFO, and Ms. Heather Nikkel, Senior Vice-President for Investor Relations and Sustainability. They can be contacted at their headquarters located at Suite 600, 220 Portage Avenue, Winnipeg, or via their phone line at 204.947.1250.
Artis Real Estate Investment Trust Announces Significant Cash Distribution for Investors
### Artis Real Estate Investment Trust Update
Artis Real Estate Investment Trust, a key player in the Canadian real estate market, has made headlines with the announcement of a substantial quarterly cash distribution. The distribution is set at **$0.449875 per Series E preferred unit** for the quarter ending December 31, 2024. This payment will be credited to unitholders diligently recorded by the end of the year, marking a positive financial indicator for investors.
### Financial Details and Units in Circulation
Currently, Artis holds **2,940,809 Series E Units** in circulation, underlining their investor confidence and commitment to strong returns. This series of preferred units is designed to provide steady income to unitholders, making it an attractive option for income-focused investors looking for reliable investment opportunities in real estate securities.
### Portfolio and Investment Strategy
Artis is distinguished by its diverse portfolio, which spans industrial, office, and retail properties across Canada and the United States. Their strategic emphasis on value-driven investments positions them as a competitive force in real estate asset management.
### Insights on Real Estate Investment Trusts (REITs)
**Pros of Investing in REITs**:
– **Regular Income**: REITs typically provide regular and favorable cash distributions.
– **Diversification**: Investing in REITs allows individuals to gain exposure to a diversified portfolio of real estate without the direct management burden.
– **Liquidity**: Many REITs are publicly traded, providing easier entry and exit points compared to physical real estate investments.
**Cons of Investing in REITs**:
– **Market Risk**: REITs can be subject to price volatility based on market conditions and economic factors.
– **Interest Rate Sensitivity**: Typically, REITs perform poorly when interest rates rise, as higher rates can lead to increased borrowing costs and reduced real estate values.
### Trends and Innovations in the Real Estate Sector
Recent trends in the real estate sector include a growing interest in sustainable investment practices and the integration of technology within property management. There is also an increasing focus on urban development that aligns with environmental sustainability. As sustainability becomes a priority, many REITs, including Artis, are implementing ESG (Environmental, Social, and Governance) strategies to appeal to conscientious investors.
### Contact and Investor Relations
For further inquiries regarding investments, interested parties can reach out to the executive team at Artis:
– **Samir Manji** (President and CEO)
– **Jaclyn Koenig** (CFO)
– **Heather Nikkel** (Senior Vice-President for Investor Relations and Sustainability)
These executives are available at the headquarters located at Suite 600, 220 Portage Avenue, Winnipeg, or by phone at 204.947.1250.
For more information on Artis Real Estate Investment Trust, you can visit their official site at Artis REIT.
### Conclusion
The upcoming distribution from Artis REIT marks an important moment for current and potential investors. With a stable cash return, a diversified property portfolio, and a focus on sustainable practices, Artis continues to solidify its standing within the real estate investment community. Keep an eye on market trends and company strategies that can impact future investment opportunities in this evolving sector.
