Artis announces renewal of at-the market equity financing program

Artis announces renewal of at-the market equity financing program 
/NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES/ 
WINNIPEG, Dec. 28, 2012 /CNW/ - Artis Real Estate Investment Trust (TSX: 
AX.UN) ("Artis" or the "REIT") announced today that it has filed an amended 
and restated equity distribution agreement dated as of September 18, 2012 (the 
"Equity Distribution Agreement") entered into by Artis and Canaccord Genuity 
Corp., which will continue to act as exclusive agent for the issuance and 
sale, from time to time, until July 15, 2014 of up to 5,300,000 voting 
participating units of Artis ("Units") by way of "at-the-market 
distributions". The timing of any sale of Units and the number of Units 
actually sold during such period are at the discretion of Artis. Sales of 
Units, if any, pursuant to the Equity Distribution Agreement will be made in 
transactions that are deemed to be "at-the-market distributions", including 
sales made directly on the Toronto Stock Exchange ("TSX"). The Units will be 
distributed at market prices prevailing at the time of sale of such Units and, 
as a result, prices may vary between purchasers and during the period of 
distribution. The proceeds from the sale of Units will be used by Artis to 
fund ongoing development and acquisition activities, for repayment of 
indebtedness and/or for general working capital purposes. 
The distribution of Units pursuant to the Equity Distribution Agreement is 
qualified by a prospectus supplement dated December 28, 2012 (the "Prospectus 
Supplement") to the existing short form base shelf prospectus of Artis dated 
June 15, 2012 (the "Base Shelf Prospectus") which has been filed with all 
securities regulatory authorities in Canada. The Base Shelf Prospectus and 
Prospectus Supplement are available electronically at www.sedar.com. 
This news release shall not constitute an offer to sell Units or the 
solicitation of an offer to buy Units, nor shall there be any sale of the 
Units in any jurisdiction in which such offer, solicitation or sale would be 
unlawful prior to registration or qualification under the securities laws of 
such jurisdiction. 
Artis is a diversified Canadian real estate investment trust investing in 
office, industrial and retail properties. Since 2004, Artis has executed an 
aggressive but disciplined growth strategy, building a portfolio of commercial 
properties in Canada and the United States, with a major focus on Western 
Canada. Artis' commercial property comprises nearly 23.4 million square feet 
of leasable area in 220 properties. Leasable area by asset class is 
approximately 18.3% retail, 32.1% office and 49.6% industrial. The portfolio 
is located 7.9% in British Columbia, 25.7% in Alberta, 5.1% in Saskatchewan, 
15.4% in Manitoba, 16.0% in Ontario and 29.9% in the U.S. 
The Toronto Stock Exchange does not accept responsibility for the adequacy or 
accuracy of this press release. 
Mr. Armin Martens, President and Chief Executive Officer, Mr. Jim Green, Chief 
Financial Officer or Ms. Kirsty Stevens, Chief  Administrative Officer at 
1.204.947.1250 
SOURCE: Artis Real Estate Investment Trust 
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CO: Artis Real Estate Investment Trust
ST: Manitoba
NI: REL  
-0- Dec/28/2012 23:27 GMT
 
 
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