VANCOUVER, BC, Dec. 2, 2020 /CNW/ – Sandpiper Group (“Sandpiper”) announced today that on December 2, 2020, it acquired, through Sandpiper Real Estate Fund 4 Limited Partnership (the “Fund“), an aggregate of 100,000 units (“Units”) of Artis Real Estate Investment Trust (“Artis” or the “REIT”) (TSX: AX.UN) in the open market through the facilities of the… [Read More]

WINNIPEG, MB, Dec. 1, 2020 /CNW/ – Artis Real Estate Investment Trust (“Artis” or the “REIT”) (TSX: AX.UN) announced today that the Board of Trustees of Artis (the “Board“) has unanimously approved the appointment of Samir Manji as Chairman of the Board, a reduction in Board fees, and changes to the Board committees, all effective… [Read More]

WINNIPEG, MB, Nov. 30, 2020 /CNW/ – Artis Real Estate Investment Trust (“Artis” or the “REIT”) (TSX: AX.UN) announced today that it has reached an agreement with Sandpiper Group (“Sandpiper”) to withdraw its unitholder meeting request and pending litigation. Under the terms of the agreement, four existing trustees, Armin Martens, Edward Warkentin, Wayne Townsend and… [Read More]

Completion of two additional sales under Artis’ asset disposition program, part of a strategy to improve the REIT’s growth profile and strengthen its balance sheet, for an aggregate sale price of $148.3 million, exceeding the IFRS fair value by $2.1 million Artis remains ahead of schedule on disposition program, having successfully completed approximately $950 million… [Read More]

WINNIPEG, MB, Nov. 16, 2020 /CNW/ – Artis Real Estate Investment Trust (“Artis” or the “REIT”) (TSX: AX.UN) announced that its trustees have declared a monthly cash distribution of $0.045 per trust unit (“Unit”) of Artis for the month of November, 2020. The cash distributions will be made on December 15, 2020 to Unitholders on record… [Read More]

Sandpiper provides unitholders with additional information related to Victor Thielmann whose resignation for non-independence validates Sandpiper’s view that Artis lacks appropriate governance and oversight Sandpiper asks unitholders to join in demanding for the immediate resignations of any trustees and officers who had knowledge of Victor Thielmann’s non-independence Management blocks questions from unitholders during Artis’ Q3… [Read More]

WINNIPEG, MB, Nov. 5, 2020 /CNW/ – Today Artis Real Estate Investment Trust (“Artis” or the “REIT”) issued its financial results and achievements for the three and nine months ended September 30, 2020, provided an update on the impact of the COVID-19 pandemic and Artis’ strategic initiatives and announced a 3% distribution increase.  The third… [Read More]

Details Strong Performance and Singular Focus on Unitholder Value Corrects Sandpiper’s Many Errors, False Statements, and Mischaracterizations Demonstrates Sandpiper has no Plan WINNIPEG, MB, Oct. 29, 2020 /CNW/ – Artis Real Estate Investment Trust (“Artis” or the “REIT”) (TSX: AX.UN) today sets the record straight regarding a number of mistruths and inaccurate statements made by… [Read More]

WINNIPEG, MB, Oct. 29, 2020 /CNW/ – Artis Real Estate Investment Trust (TSX: AX.UN) (“Artis” or the “REIT”) announced today that as part of its Board renewal initiative and its ongoing commitment to enhanced governance initiatives, the Board has undertaken a review of its composition.  Based on new information obtained during this review, the Board has… [Read More]

Sandpiper calls on the trustees of Artis to acknowledge that unitholder approval of the board’s proposed retail REIT spin-off is highly unlikely Sandpiper continues to receive significant, unsolicited unitholder support and confirms that unitholders representing over 35% of the units outstanding are in favour of replacing five incumbent trustees with Sandpiper’s five highly qualified trustees… [Read More]

Sandpiper receives letter of support from Jetport Inc., owner of approximately 13.3% of the issued and outstanding units of Artis Jetport Inc. supports Sandpiper’s value creation plan for Artis and intends to vote in favour of Sandpiper’s five highly qualified, independent nominees to replace the following trustees: Armin Martens, Edward Warkentin (Chairman), Bruce Jack, Victor… [Read More]

WINNIPEG, MB, Oct. 15, 2020 /CNW/ – Artis Real Estate Investment Trust (“Artis” or the “REIT”) (TSX: AX.UN) announced that its trustees have declared a monthly cash distribution of $0.045 per trust unit (“Unit”) of Artis for the month of October, 2020. The cash distributions will be made on November 13, 2020 to Unitholders on… [Read More]