W&F Issue 3 2018

www.wealthandfinance-news.com 6 Wealth & Finance International - Issue 3 - 2018 Since 2004, Artis has executed an aggressive but disciplined growth strategy, building a portfolio of commercial properties in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario and select markets in the United States. The firm’s impressive portfolio comprises 237 office, retail and industrial properties totalling 24.8 million square feet of leasable area in Canada and the United States. Artis continues to produce impressive and consistent results, achieving its primary objective to maximise total returns to its unitholders. These returns include a stable, reliable and tax-efficient monthly cash distribution, as well as long-term appreciation in the value of Artis’ units through the accumulation and effective management of a quality portfolio of commercial real estate. Artis’ management team boasts a wealth of knowledge, with over 200 years of combined experience in a variety of relevant sectors, including construction, development and management of commercial and residential real estate throughout Canada and the United States. Utilising its extensive experience, the company’s management team has implemented a prudent investment strategy, which includes stringent acquisition and development criteria and a conservative financing approach. Internally, Artis operates its own asset management and property management functions, which are responsible for the day-to-day management of the REIT’s portfolio, as well as administrative services. The management team at Artis effectively meets its primary objective of maximising total returns to its unitholders by employing well-researched key strategies. These strategies include Strategic Asset Ownership, Disciplined Growth and Prudent Financial Management. Strategic Asset Ownership is achieved because the company’s remarkable portfolio of office, retail and industrial real estate is strategically and diversely located in select primary and secondary markets in Canada and the United States. The company’s management conducts ongoing analysis of the performance of its assets and the relevant economic fundamentals in its target markets. Important in this regard is the team’s striking ability to identify opportunities to make accretive acquisitions, develop new generation real estate, and dispose of assets that are not aligned with its long-term strategy. Disciplined Growth is also a key strategy utilised by the company to meet its objective. The REIT’s management strives to extract the maximum value possible from its portfolio through the effective management of assets, including leasing initiatives that focus on maintaining strong occupancy levels and realising the gain between in-place rental rates and market rental rates. Adapting accordingly, Artis creates values through strategic asset redevelopment, property densification initiatives and new development projects. New real estate development projects provide the company with an opportunity to build and own new generation assets, and are especially attractive in circumstances when the return on the development project is higher than that from acquiring an existing property. Artis adopts a long-term conservative approach to financial management, characterised by diligent management of its balance sheet and prudent management of financial metrics, including debt ratios, interest coverage ratios, pay-out ratios and per unit metrics. Through its Prudent Financial Management strategy, Artis minimises its risk related to interest rates by utilising various sources of capital and staggering debt maturities. Significant access to cash is required in order to fulfil distribution obligations, as well as for ongoing operations, including reinvesting in the portfolio, making accretive acquisitions, and funding development projects. Artis’ dedicated and ambitious team is looking to capitalise on its success and has a number of new development initiatives which will only enhance the REIT’s reputation. Artis REIT is a diversified Canadian real estate investment trust (REIT) investing in office, retail and industrial properties. We profile the company which is featured in the 2018 REIT Awards for Excellence within the Industrial REIT category. Properties of Success 1803WF11 Company: Artis REIT Contact: Heather Nikkel Address: 600-220 Portage Avenue, Winni- peg, Manitoba, R3C 0A5, Canada Phone: 001 204 947-1250 Website: www.artisreit.com