Artis Real Estate Investment Trust

Artis Real Estate Investment Trust

June 21, 2013 12:42 ET

Artis Real Estate Investment Trust Announces Results of Voting at Annual Meeting of Unitholders

WINNIPEG, MANITOBA--(Marketwired - June 21, 2013) - Artis Real Estate Investment Trust ("Artis") (TSX:AX.UN) announced the results of the votes held at its June 20, 2013 Annual Meeting of Unitholders (the "Meeting"). Issuers listing on the Toronto Stock Exchange are now required to issue a press release providing this information.

The total number of units represented by unitholders present in person or by proxy at the Meeting was 32,810,690, representing 28.45% of Artis' outstanding units.

Each of the nominee Trustees listed in the Information Circular dated May 13, 2013 was elected as a Trustee, as per the table below:

Name of Nominee Votes For % For Votes Withheld % Withheld
Delmore Crewson 31,360,650 99.49 159,728 0.51
Armin Martens 31,372,059 99.53 148,319 0.47
Cornelius Martens 30,485,883 96.72 1,034,495 3.28
Patrick Ryan 31,374,760 99.54 145,618 0.46
Victor Thielmann 30,130,434 95.59 1,389,944 4.41
Wayne Townsend 30,473,615 96.68 1,046,763 3.32
Edward Warkentin 27,912,857 88.55 3,607,521 11.45

Deloitte, LLP was reappointed as external auditor of Artis until the next annual meeting of unitholders by resolution passed by a majority of the unitholders. Management received proxies to vote for the appointment of the auditor (and to authorize the directors to fix their remuneration) as follows:

Votes For % For Votes Withheld % Withheld
32,609,654 99.39 201,036 0.61

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 24.7 million square feet of leasable area in 230 properties. Leasable area by asset class is approximately 18.4% retail, 33.6% office and 48.0% industrial. The portfolio is located 7.5% in British Columbia, 25.9% in Alberta, 5.3% in Saskatchewan, 15.2% in Manitoba, 15.8% in Ontario and 30.3% in the U.S.

The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this press release.

Contact Information

  • Artis Real Estate Investment Trust
    Mr. Armin Martens
    President and Chief Executive Officer

    Artis Real Estate Investment Trust
    Mr. Jim Green
    Chief Financial Officer

    Artis Real Estate Investment Trust
    Ms. Kirsty Stevens
    Chief Administrative Officer